1903 S Main

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1903 S Main

Hopkinsville, KY 42240
Asking Price
$319K
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel totaling 0.27 acres
  • Priced at 319000 dollars for prospective buyers
  • Located conveniently in the city of Hopkinsville
  • Suitable site for new residential housing development
  • Property situated in a stable Kentucky submarket

What's Special

This residential land spans 0.27 acres and sits at 1903 S Main in Hopkinsville, Kentucky. The property offers a buildable footprint suitable for single-family development within this established community. Hopkinsville serves as a growing hub in the region, supported by a stable economic environment and consistent demand for residential housing options. Investors and builders will find this site well-positioned for immediate residential projects. Its proximity to local infrastructure and key thoroughfares enhances the viability for future construction. Given the current market trends, this parcel presents a straightforward development play for those looking to expand their local portfolio with residential assets in a supportive municipal environment.

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NOI
$80,000
Cap Rate
25.08%
DSCR
4.22
Strong
Cash-on-Cash
63.80%
Monthly Payment
$1,578.238
Annual Cash Flow
$61,061.145

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