719 Lynn St

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719 Lynn St

Louisville, KY 40217
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

41-Unit Apartments & Townhomes | Affluent Louisville Neighborhood <ul><li>​Opportunity for scale in growing Midwest/Sunbelt Market</li><li>​Major income upside from near full occupancy, unharvested rent growth, & expense trimming</li><li>​Eds & Meds renter base & strong demographics</li><li>​Highly differentiated, exceptionally maintained Core+ communities</li><li>​Less than 10 minutes to UofL, UofL Hospital, Norton Audubon Hospital, & downtown Louisville</li><li>​$400,000 renovated area home prices, $100,000+ average resident household income</li><li>​Most be

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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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