2808 Browns Drive

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2808 Browns Drive

Henderson, KY 42420
Asking Price
$15.85M
Cap Rate
6.33%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Current NOI $1,003,739, $5.2M in CAPEX since 2022, 6.33% Cap Rate <p>-Multifamily Portfolio Comprised of 183-Units Across Six Properties in Henderson, Kentucky</p><p>-Diversified Rent Profile Providing Stable and Resilient Income Streams</p><p>-Scaled Portfolio Offering Operational Efficiencies and Streamlined Management</p><p>-In-Place Cash Flow with Scalable Value-Add Opportunities for Future Growth</p>

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NOI
$80,000
Cap Rate
0.50%
DSCR
0.09
Underwater
Cash-on-Cash
-18.11%
Monthly Payment
$78,417.152
Annual Cash Flow
$-861,005.823

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