Eric Hibbs - Coldwell Banker McMahan
150 152 River St
Clay City, KY 40312

Description

Looking for a great investment opportunity? Look no further. This is a 16 unit apartment complex in Clay City. Each unit is a 2 bedroom 1 bath with open kitchen and living room. Four units are ADAS accessible. Property has a proven rental record with a historical occupancy rate of 98%. Current leasing is for all utilities paid including satellite TV with a box deposit and $650/month 1 year lease. Conveniently located next to shopping, the post office, medical offices and the ever important Mountain Parkway. Don't miss your opportunity to own this key property. Broker has ownership interests in the company that owns this property.

Details

MLS#1616779
Sub-TypeResale
StatusActive
Year2001
Days On Site810

Features

SQ Feet13,824
Units16
Building(s)1

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Area Information

StateKY
CountyPowell
CityClay City
Zip Code40312
AreaPowell County
Listing VS Median (in 40312)
Price:
$548,750
low | high
Med:
$100,000
100% of Average
SqFt:
13,824
low | high
Med:
0
100% of Average
$ / SqFt:
$40
low | high
Med:
$0
100% of Average
On Site:
810
low | high
Med:
278
100% of Average
Listing Updated: 10/16/2018
MLS Number: 1616779
Listing Provided By:
Richard Rednour  of  Rednour Associates