303 McDougal Ave - Apartments FOR SALE


Richmond, KY 40475
$599,500 USD
859-806-3845
303 McDougal Ave, Richmond, KY for Sale
$599,500 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

303 McDougal Ave
Richmond, KY 40475


HIGHLIGHTS

  • Large clean rooms with ample closets and storage space, all appliances, four parking spaces in drive way per unit, close to shopping, and EKU

OVERVIEW

Excellent Investment Opportunity, large spacious rooms and closets, three levels, two 4- bedroom, two 3- bedroom townhouse style apartments, 2024 rents are currently $925 per month per unit. No Smoking, no pets. Building is approximately 68 x 29 ft w/approximately total 5916 sq ft on three levels with approximately 1,479 sq ft finished living space per unit, all sq footage is approximate and not warranted. Buyer to determine sq ft to satisfaction prior to closing. New roof 9/20/2022. All four heat pumps replaced as needed. Tenant pays utilities, owner pays for garbage pick up, landscaping, insurance, and taxes. All appliances are included and are in working condition. Close to shopping Center, restaurants, banking, gas stations, the interstate, and EKU.

FOR SALE DETAILS

PRICE

$599,500 USD

PRICE/SF

$101 USD /SF

# OF UNITS

4

PRICE/UNIT

$149,875

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

303 McDougal Avenue, Richmond, KY

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1994

PARKING SPACES

12

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

R002-0014-0036

ASK ABOUT THIS PROPERTY

Kae SchennbergSchennberg Realty, LLCMore Info
859-806-3845

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Kae SchennbergSchennberg Realty, LLCMore Info
859-806-3845

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.