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2201 Griffiths Avenue
Louisville, KY 40212
Asking Price
$315K
Cap Rate
13.5%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
13.5% CAP | 4-UNIT | STABILIZED <p></p><h3><span style="color: rgba(34, 34, 34, 1)">Investment Highlights:</span></h3><ul><li><span style="color: rgba(34, 34, 34, 1)">4-unit multifamily property (100% occupied)</span></li><li><span style="color: rgba(34, 34, 34, 1)">13.5% cap rate | ~$43K NOI</span></li><li><span style="color: rgba(34, 34, 34, 1)">Estimated DSCR ~2.0+ (easy to finance)</span></li><li><span style="color: rgba(34, 34, 34, 1)">Low expense ratio (~21%)</span></li><li><span style="color: rgba(34, 34, 34, 1)">P
Free Valuation Calculator
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NOI
$80,000
Cap Rate
25.40%
DSCR
4.28
Strong
Cash-on-Cash
64.89%
Monthly Payment
$1,557.953
Annual Cash Flow
$61,304.559
