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2010 Frankfort Road
Shelbyville, KY 40065
Asking Price
$5.60M
Asset Type
Retail
Class
Class B
What's Special
Get a huge 1st Year Depreciation <p>The cost to replace this at today’s prices is $6,536,972.50</p><p></p><p>you can buy the buildings and depreciate them based on A new depreciation schedule that offers what your CPA will tell you a tremendous depreciation</p><p>you can rent the 4.12 acres until you pay it</p><p>off</p><p>roughly 5.6 million</p><p>less 4.12 acres @ $450,000 equals $1,854,000.</p><p>there are 18 Buildings</p><p>useable square footage is 41,896</p><p>market rates for 389 units is $47,853.74 per month</p><p>Lee S
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NOI
$80,000
Cap Rate
1.43%
DSCR
0.24
Underwater
Cash-on-Cash
-15.03%
Monthly Payment
$27,705.745
Annual Cash Flow
$-252,468.934
