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🏢 Just listed — Apartment Building Multifamily for sale in FRANKFORT, KY.

📍 506 STEELE ST, FRANKFORT, KY
🏷  Apartment Building Multifamily · For Sale
💰 $974K

2 separate complexes of 9 units consisting of (5) 2-bedroom units & (4) 1-bedroom units.

Full financials, photos, and broker contact:
https://commrty.com/property/kentucky/frankfort/frankfort-portfolio-2530672-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=frankfort-portfolio-2530672

#FRANKFORT #Multifamily #CommercialRealEstate #CRE #Investment

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Home/KY/FRANKFORT

506 STEELE ST

FRANKFORT, KY 40601-6210

Asking Price

$974K

Asset Type

Apartment Building Multifamily

Class

Class B

What's Special

2 separate complexes of 9 units consisting of (5) 2-bedroom units & (4) 1-bedroom units.

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

8.21%

DSCR

1.38

Strong

Cash-on-Cash

7.59%

Monthly Payment

$4,818.816

Annual Cash Flow

$22,174.213

Location & Travel Times

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📍

$1.15M

Class B

150 Landings Drive, Frankfort, KY 40601

Listed by Owner · For Sale