504-506 N Race St - Apartments FOR SALE


Glasgow, KY 42141
$1,050,000 USD
270-782-1811
504-506 N Race St, Glasgow, KY for Sale
$1,050,000 USD
Apartments - FOR SALE
1/2
null | 8% Cap Rate

504-506 N Race St
Glasgow, KY 42141


HIGHLIGHTS

  • 100% leased

OVERVIEW

Great income producing property! Conveniently located in the heart of Glasgow, 100% occupied. Great rental history. Coin laundry producing income in the basement entry. Entire properties were rennovated and updated approximately 7-8 years ago. Tenants pay electric which is separately metered. Owners pay water and sewer, and the water bill is less than $400 per month, which produces approximately $116,000 per year.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$150 USD /SF

# OF UNITS

12

PRICE/UNIT

$87,500

CAP RATE

8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

RESIDENTIA

APN/PARCEL ID

G1-19-34

ASK ABOUT THIS PROPERTY

Jason HumbleKeller Williams First Choice RMore Info
270-782-1811

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Jason HumbleKeller Williams First Choice RMore Info
270-782-1811

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