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8693 Evergreen Drive
Florence, KY 41042
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Land Redevelopment Opportunity | ±5 AC | Call For Offers Due 6.30.2026 <p><strong style="color: rgba(0, 0, 0, 1)"><u>NKY Land Redevelopment Opportunity</u></strong></p><p><strong style="color: rgba(0, 0, 0, 1)"><u>±5 Acres | Call for Offers Due June 30, 2026</u></strong></p><p></p><ul><li><span style="color: rgba(0, 0, 0, 1)">±5 acres positioned for future redevelopment</span></li><li><span style="color: rgba(0, 0, 0, 1)">Zoned Residential – existing 1950 house onsite</span></li><li><span style="color: rgba(0, 0, 0, 1)">Suitable for a variety of redevelopment co
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
