Saint Joseph Lane

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Saint Joseph Lane

London, KY 40741
Asking Price
$4.89M
Asset Type
Hotel Hospitality
Class
Class B

What's Special

Prime Commercial Development Opportunity – High Traffic/High-Visibility Land off I-75 <p><span style="color: rgba(0, 0, 0, 1)">Located directly off exit 38 with prominent frontage and high visibility from I-75, strong traffic exposure, and the infrastructure necessary to support a high-impact commercial/mixed-use development. The site has been identified as a strong candidate for </span><strong style="color: rgba(0, 0, 0, 1)">hospitality, medical/professional offices, or large-format retail/mixed-use development</strong><span style="color: rgba(0, 0, 0, 1)">, making it particular

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NOI
$80,000
Cap Rate
1.63%
DSCR
0.28
Underwater
Cash-on-Cash
-14.34%
Monthly Payment
$24,217.789
Annual Cash Flow
$-210,613.47

Location & Travel Times