Parking Information

Parking Total

30

Building

Basement YN

No

Year Built

2023

Stories Total

3

Accessibility Features YN

Yes

Leasable Area

16950

Lot

Lot Size Acres

0.643

Lot Size Square Feet

23450

Lot Size Dimensions

70x335

Utilities

Cooling YN

Yes

Heating YN

Yes

Remarks

Public Remarks

Turnkey 15-Unit Multifamily Asset | Brand New 2023 Construction | Rare 8.00% CAP Rate - Seize a rare opportunity to acquire a cash-flowing, institutional-quality multifamily asset built completely new in 2023. This uniform 15-unit apartment building features an ideal mix of fifteen identical 2-bedroom, 1-bathroom layouts, offering maximum operational efficiency and minimal maintenance overhead. Delivering an immediate, institutional-grade 8.00% capitalization rate on current in-place income, this asset represents a premier choice for 1031-exchange investors or private equity portfolios looking for high yields without the typical headaches of vintage assets.

Building and Property Details

Furniture, Fixtures & Equipment YN

Yes

Building Expansion Potential YN

No

Inground Tank YN

No

Lot Expansion Potential YN

No

Electricity Location

in each bedroom of apartment

Income and Expenses

Cash Flow Before Tax

233400

Showing Information

Showing Instructions

Please Contact Listing Agent, Rodney Dotson 859-621-5564 for Questions or to view the Property

Property Features