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.
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
No Balloon Payment 🙂
Call Joel Cecil at 502-296-0458 if you are interested!