618 E Waverly St - Apartments FOR SALE


Morganfield, KY 42437
$1,950,000 USD
404-445-1091
618 E Waverly St, Morganfield, KY for Sale
$1,950,000 USD
Apartments - FOR SALE
1/4
null | 7.37% Cap Rate

618 E Waverly St
Morganfield, KY 42437


HIGHLIGHTS

  • Location right off Hwy 60 E
  • All units washer/dryer hookups, ceramic tile, and vinyl tile flooring
  • All new windows
  • Full gut rehab done on all but 3 units
  • Around $800k invested into property renovations
  • Priced well below replacement cost

OVERVIEW

Broker of Record Kyle Matthews License No. 239410 (KY) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$90 USD /SF

# OF UNITS

30

PRICE/UNIT

$65,000

CAP RATE

7.37%

% LEASED

86%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Maple Valley Townhomes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.95 AC

LAND SF

128,502 SF

ZONING

-

APN/PARCEL ID

M3-33-10

ASK ABOUT THIS PROPERTY

Austin GrahamMatthews Real Estate Investment ServicesMore Info
404-445-1091

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

Austin GrahamMatthews Real Estate Investment ServicesMore Info
404-445-1091

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