Donna Pelgen-Schack
2893 Alexandria Pike
Highland Heights, KY 41076
Phone: 859-760-5952
Fax Number: 859-781-4204
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35 W 32nd Street Covington KY 41015
Listing Information
Price $650,000
Listing Number 513872

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Agent Remarks
Unique Portfolio offering - 9 Buildings with a total of 20 units. Well maintained units with a Cap Rate of 10.65%, Excellent return, Fully Leased! NOI is estimated based upon the actual in place leases with an 8% vacancy and collection loss and a 40% expense ratio. All buildings have been remodeled with numerous updates of new roofs, windows, HVAC, etc.

Commercial Information
# of Buildings9
ZoningResidential
New ConstructionNo
Gross Income$135,000.00
Net Operating Income$74,520.00
General Information
Property TypeCommercial
CountyKenton
SubdivisionLatonia
Zip Code41015
Listing Number513872
Property Features
BasementFull
HeatingForced Air, Gas
CoolingWall Unit


Additional Information
Levels2 Story
ConstructionAluminum, Vinyl
Lot Dimensions40x20
GasNatural
WaterPublic
SewerPublic
FoundationBlock
OccupancyNegotiable


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The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Remax Affiliates are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.
 

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