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906 Fairdale Rd
Louisville, KY 40118
Asking Price
$1.46M
Asset Type
Multifamily
Class
Class B
What's Special
906 Fairdale Rd, Louisville, KY 40118 <ul><li>26+ acre tract</li><li>Flexible development potential with multiple layout options</li><li>Opportunity for residential, mixed-use, or support commercial uses (subject to approvals)</li><li>Located in an area benefiting from logistics-driven growth and workforce demand</li><li>Ability to pair with adjacent commercial parcel at 9512 National Turnpike for a coordinated mixed-use development</li><li>Address: 906 Fairdale Rd</li><li>Size: 26.52 Acres ±</li><li>Zoning: R-5A (Residentia
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NOI
$80,000
Cap Rate
5.48%
DSCR
0.92
Underwater
Cash-on-Cash
-1.51%
Monthly Payment
$7,217.772
Annual Cash Flow
$-6,613.263
