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309 Spangler Drive
Richmond, KY 40475
Asking Price
$2.70M
Asset Type
Traditional Office Office
Class
Class B
What's Special
Investment or End-User Office Opportunity <ul><li><span style="color: rgba(3, 7, 18, 1)">Professional Office Building</span></li><li><span style="color: rgba(3, 7, 18, 1)">Convenient Location with Excellent Proximity to I-75 and the Richmond Bypass</span></li><li><span style="color: rgba(3, 7, 18, 1)">Private Restrooms</span></li><li><span style="color: rgba(3, 7, 18, 1)">Flexible Floor Plan</span></li><li><span style="color: rgba(3, 7, 18, 1)">Secured Overflow Parking</span></li></ul>
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NOI
$80,000
Cap Rate
2.96%
DSCR
0.50
Underwater
Cash-on-Cash
-9.91%
Monthly Payment
$13,358.127
Annual Cash Flow
$-80,297.522
