806 East Chestnut Street

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806 East Chestnut Street

Louisville, KY 40204
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Landmark Historic Multifamily Offering in Louisville's Prolific Medical District <p><strong>Extremely Well-Maintained Asset Located in Opportunity Zone</strong></p><ul><li>​$315k+ ($6,175/Unit) in CapEx since 2023 (Not Inclusive of Interior Renovations / Church Conversion)</li><li>​100% Modern Unit Finishes including Stainless Steel Appliances, LVP / Hardwood Flooring, Granite Countertops, and In-Unit Washer / Dryer</li><li>​'Turn-Key’ Opportunity With Organic & Operational Upside Including Streamlining Professional 3rd Party Management and Adding New Amenities to Enhance Te

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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