2189 Baringer Avenue

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2189 Baringer Avenue

Louisville, KY 40204
Asking Price
$1.50M
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

<ul><li>​11 2BR/1BA units</li><li>​Highly desirable location</li><li>​Purpose-built construction</li><li>​Value -add opportunity</li><li>​New separate electric meters for all units</li><li>​Significant interior renovations</li></ul><p></p>

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NOI
$80,000
Cap Rate
5.35%
DSCR
0.90
Underwater
Cash-on-Cash
-1.95%
Monthly Payment
$7,396.444
Annual Cash Flow
$-8,757.332

Location & Travel Times