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2301 Carter Road - Carter Road Apartments, Owensboro, KY

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2301 Carter Road - Carter Road Apartments

Owensboro, KY 42301-4136

Property Type:Multi-Family Number of Units:18 Status:Existing Year Built:-
Stories:1 Building Size:7,141 SF Land Area:.96 AC (41,818 SF)
For Sale Price:$525,000 Price/Unit:$29,166.67 Cap Rate:9.00 % GRM:-


Sale Notes:
Property includes 14 one bedroom/one bath apartment units and 4 two bedroom/one bath units located on Owensboro's south west side. The apartments are located in a desirable location near retail and dining. Vacancy rates in the area have remained relatively low in recent years.

Owensboro is the county seat of Daviess County, Kentucky. It is the 4th-largest city in the state by population. It is located on U.S. Route 60 about 107 miles southwest of Louisville. The 2015 population was 59,042. Owensboro is home to two private, four-year colleges, Brescia University and Kentucky Wesleyan College, and one public community college, Owensboro Community and Technical College. A campus of Daymar College is also located in Owensboro, and Western Kentucky University has a regional campus there - meaning many students seek rental properties in the city.

Barron Enterprises
William G Barron
(270) 926-1101 x140

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