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Owner Finance Multifamily! Available

  • $675,000.00
  • 18 beds
  • 12 baths

343 W Elm Road, Radcliff, Ky 40160

Owner Finance Deal!

12 Units Total
Breakdown & Rents
6 Units are 1 beds
6 Units are 2 beds
2 of the 2 beds are vacant currently
$650/Month Current Rent for the 2 beds
$600/Month Current Rent for the 1 beds
Average Rent in the area is $775 for 2 beds
Average Rent in the area is $650 for 1 beds

$6,200 Gross Monthly

Seller pays all utilities.
Water, Gas, Electric, Pest Control, Trash removal, Taxes and Insurance
$1,700 total Monthly in Expenses

$4,500 Net Monthly with Two 2 bed Units Vacant

Potential Upside is to Raise Rents, Put all utilities in Tenants’ Names and Rent out the vacant 2 Units.

Property Condition
Roof Age is Unknown
Plumbing Age is Unknown
Window Units for AC, seller replaces them as needed
Gas Furnaces, 2 apartments were replaced last year, seller replaces them as needed

Owner Finance Deal
$675k Purchase Price
$125k Down Payment Including Wholesale Fee
15 Year Term
3.75% Rate
No Balloon Payment 🙂

Call Joel Cecil at 502-296-0458 if you are interested!

343 W Elm Road
Radcliff, Ky 40160
Assignment of Contract
Property Type:

Call (502) 296-0458 for more details

Property Location