113 RINGGOLD RD

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113 RINGGOLD RD

SOMERSET, KY 42503
Asking Price
Contact for price
Asset Type
Mobile-home-park
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mobile home park asset located in Somerset Kentucky
  • Property address is situated at 113 Ringgold Rd
  • Asset positioned in the growing regional market of Pulaski County
  • Suitable investment for residential real estate portfolio diversification
  • Established site infrastructure supports long term management operations

What's Special

This mobile home park at 113 Ringgold Rd in Somerset, Kentucky, presents an acquisition target for investors seeking to expand their residential holdings. Situated within the Pulaski County region, the property benefits from its positioning in a steady regional market known for its proximity to Lake Cumberland and access to local commerce. The site offers layout potential suitable for continued operation as a residential community or long-term land holding strategy. Somerset serves as a primary hub for the surrounding area, providing a stable economic environment for workforce and long-term residential housing. Investors should note the accessibility of the site for residents commuting to local regional employers and essential services. This asset type remains a staple for those looking to diversify portfolios with stable, income-producing residential real estate. The established infrastructure at this location provides a functional foundation for ongoing site management and operations in this growing part of the state.

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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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