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1170 W VINE ST
RADCLIFF, KY 40160-1940
Asking Price
$1.49M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
12.81 acre / 216 Unit approved site <p><span style="color: rgba(0, 0, 0, 1)">Exceptional multifamily development opportunity on 12.81 acres with approved plans for a 216-units. Ideally positioned near Fort Knox,</span></p><p><span style="color: rgba(0, 0, 0, 1)">this site offers outstanding access to a strong and consistent rental market, making it an attractive investment for developers and</span></p><p><span style="color: rgba(0, 0, 0, 1)">builders. The property features approximately 520+/- feet of road frontage and utilities a
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NOI
$80,000
Cap Rate
5.38%
DSCR
0.91
Underwater
Cash-on-Cash
-1.84%
Monthly Payment
$7,351.719
Annual Cash Flow
$-8,220.632