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165 Midland Avenue
Lexington, KY 40508
Asking Price
$2.60M
Asset Type
Flex Industrial
Class
Class B
What's Special
<ul><li><span style="color: rgba(3, 7, 18, 1)">Non-metered street parking permitted</span></li><li><span style="color: rgba(3, 7, 18, 1)">Located in the Opportunity Zone</span></li><li><span style="color: rgba(3, 7, 18, 1)">Exceptional visibility</span></li><li><span style="color: rgba(3, 7, 18, 1)">Five bathrooms & four showers</span></li><li><span style="color: rgba(3, 7, 18, 1)">Two utility rooms with washer/dryer hookups</span></li></ul>
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NOI
$80,000
Cap Rate
3.08%
DSCR
0.52
Underwater
Cash-on-Cash
-9.53%
Monthly Payment
$12,863.381
Annual Cash Flow
$-74,360.577
