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3000 S FIFTH ST
LOUISVILLE, KY 40208
Asking Price
$500K
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Turnkey Recovery Housing Investment | $66,000 Annual Income | Louisville, KY <h3><strong style="color: rgba(34, 34, 34, 1)">Investment Highlights</strong></h3><p><span style="color: rgba(34, 34, 34, 1)"> $5,500/month gross income</span></p><p><span style="color: rgba(34, 34, 34, 1)"> $66,000 annual gross income</span></p><p><span style="color: rgba(34, 34, 34, 1)"> Occupied by recovery housing operator</span></p><p><span style="color: rgba(34, 34, 34, 1)"> Detached storage/garage building</span></p><p><span style="color: rgba(34, 34, 34, 1)"> PVA classified as apartments
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NOI
$80,000
Cap Rate
16.00%
DSCR
2.69
Strong
Cash-on-Cash
33.54%
Monthly Payment
$2,473.727
Annual Cash Flow
$50,315.274
