Owner Finance Deal!
23 Units Total! (Hopkinsville, Ky and Lafayette, Ky)
All of the units consist of 3 Duplexes, One 11 Unit, and 6 single family homes.
Gross Income is $13,525/Month
Expenses
11 Unit Water bill- $312/Month
1 Duplex Water bill- $79/Month
Tenants pay utilities in every other property.
Net Income is $13,134/Month (Without taxes and insurance)
Owner Finance Details
$1.3 Million Purchase Price
$300k Down Payment
20 Year Term
4% Interest Rate
$6,000/Month Payment to Seller
Buyer pays property taxes and insurance.
No Balloon Payment 🙂
Call Joel Cecil at 502-296-0458 if you are interested
Here are the breakdowns & addresses of the properties
10810 Tobacco Rd 42232 Apt A 2/1 – $800.00 (Pay Water)
10810 Tobacco Rd Apt B – 2/1 $700.00 (Pay water)
333 N. Main St 42240 Apt A 1/1.5 $500.00 s8
333 N. Main St. 2/1 Apt B $500.00 s8
300 S. Main 42240 Apt A. – 1/1 $500.00 (A-L water paid by landlord)
300 S. Main Apt B. – 1/1 $400.00
300 S. Main Apt C. – 1/1 $475.00
300 S. Main Apt D. – 2/2 $650.00 (only 2 BR in apt complex)
300 S. Main Apt E. – 1/1 $400.00
300. S. Main Apt F. – 1/1 $500.00
300 S. Main Apt G. – 1/1 $500.00- Vacant but will be rented next week
300 S. Main Apt H. – 1/1 $475.00
300 S. Main Apt J – 1/1 $475.00
300 S. Main Apt K – 1/1 $475.00
300 S. Main Apt L -1/1 $475.00
2121 Hazel St. 42240 – 1/1 /$450.00
605 W. 17th St.42240 Apt A. – 1/1 $525.00
605 W. 17th St. Apt B – 1/1 $525.00 s8
726 Rose Dr. 42240 – 3/1 $700.00
184 Bryan Ave. 42254 LaFayette – 2/1 $900.00
176 N Main St. 42254 LaFayette – 2/1 $900.00
405 Main St. 42254 LaFayette – 3/2 $1000.00
155 Hilltop Dr. 42240 3/1 $700.00 s8
Call Joel Cecil at 502-296-0458 if you are interested!