6157 Childers Rd

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6157 Childers Rd

Barboursville, WV 25504
Asking Price
$160K
Asset Type
Multifamily
Class
Class B

What's Special

6157 Childers Road is situated in Barboursville, West Virginia, within a residential corridor of Cabell County. The property is positioned near the Merritt Creek Commons shopping area, providing convenient access to major retailers, grocery stores, and diverse dining options. The neighborhood is characterized by a mix of suburban residences and green spaces, offering a quiet atmosphere while remaining close to commercial hubs. Transportation to the broader Huntington-Ashland metropolitan area is facilitated by the property’s proximity to Route 60 and Interstate 64, which connect the neighborhood to regional employment centers and health facilities. The location is suited for multifamily use, catering to a consistent demand for suburban housing in the Barboursville area. Prospective tenants typically include professionals working at nearby medical centers or retail complexes, as well as small households seeking proximity to the local school district. The site supports long-term residential leasing due to its balance of neighborhood privacy and logistical accessibility. Its positioning near major transit arteries makes it an efficient residential base for commuters who prioritize a central location between the regional commerce centers of Barboursville and Huntington.

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NOI
$80,000
Cap Rate
50.03%
DSCR
8.43
Strong
Cash-on-Cash
146.98%
Monthly Payment
$791.098
Annual Cash Flow
$70,506.825

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