Apartment complex for sale

Multi-Family for Sale
Catylist Listing ID: 30661449
Property Subtypes: Mid-Rise
Number of Units: 47 Units
Building Size (RSF): 49,776 SF
Gross Building Area: See Agent
Sale Price: $699,000
Unit Price: $14,872.34 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/30/2021

Overview / Comments

New opportunity! 47 unit apartment complex in Middlesboro, KY with established renters. All units Section 8 approved, so potential for guaranteed monthly income. 3 buildings with 4 stories, beautiful views, laundry room on site, playground in center of buildings. Call Kevin today to discuss this outstanding investment opportunity.

Additional Details

Nearest MSA: Middlesborough
County: Bell
Tax ID/APN: 082-20-00-164.00
Community Amenities: Play Ground, On-Site Maintenance
Number of Stories: 4
Year Built: 1982
Construction/Siding: Vinyl Siding
Parking Type: Surface
Laundry: Shared
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,281 7,551 20,990
Median Age: 42.68 42.07 39.19
Households: 1,014 3,278 8,462

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