114 Cr-1663, Barbourville, KY 40906, USA

$ 1,800,000.00

Fantastic investment property opportunity in Barbourville, Kentucky.Three (3) properties collectively in deal, boasting 31 townhomes in total. Current occupancy rate across all three properties is 85%Magnolia Villages – 20 townhomes114 Indian Trace, Barbourville KY 40906(10 x 2 bed / 1.5 bath and 10 x 3 bed / 1 bath) Mimosa Homes – 5 townhomes199 Noahville Lane, Barbourville KY 40906(All 2 bed / 1.5 bath)Hosta Homes – 6 townhomes255 Henry Martin Lane, Barbourville KY 40906(All 3 bed / 1 bath)Owner continues to update and remodel units and make property improvements as they are vacated from prior tenants.

Basic Facts

MLS #: 22014669 Date added: 07/06/22 Type: Status:
Bedrooms: 50 Bathrooms: 30 Full Baths: 20 Half Baths: 10
Lot size: 4.0000 acres Year built: 9999 Post Updated: 2022-07-06 21:36:30 Unit Info: Vacancy %: 15.00

Rooms&Units Description

Unit Info: # of Units: 31
Unit Info: # of Vacant Units: 6

View on map / Neighborhood

Location Details

County: Knox Knox
Area Desc: 067 - Knox County
Directions: Magnolia:Take 25E into Barbourville, through lights at 25E and Daniel Boone Dr. Continue on 25E until second set of lights, turning right onto KY-2421.Follow KY-2421 for 1/3 of a mile. Property on the left.Mimosa: Continue through 25E to end of town, take a left on Noeville Lane. Follow road to the end, property on leftHostaFrom Mimosa, take a left onto KY-3439, property 1/4 mile on th
Intermediate School: Not Applicable

Property Details

Lot Dimensions: Unknown
Subdivision: City Limits
Number of Buildings: Four
Number of Stories: Two
Terms: Sale
Possession: Close Of Escrow,Landlord,Negotiable

Property Features

Roof: Metal
Cooling: Combination,Electric,Gas
Heating: Combination,Electric,Forced Air,Natural Gas
Parking: 36 - 55 Spaces,Gravel,On Site,Paved
Utilities: Electricity: Electricity Connected
Utilities: Propane: Propane Not Available
Utilities: Sewer: Sewer Connected
Utilities: Natural Gas: Natural Gas Connected
Utilities: Water: Water Connected

Miscellaneous

Financial Info: Gross Scheduled Rental Income: 198300

Courtesy of

Office Name: Revolution Realty, LLC
Office ID: 20180519171518250764000000
  • Company: Kentucky Prime Realty, LLC

Disclaimer

The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Any information of special interest should be obtained through independent verification. All measures are approximate.

This is located at 114 Cr-1663, Barbourville, KY 40906, USA, is categorized under , and has been listed on KY Prime Realty. This property is listed at $ 1,800,000.00. It has 50 beds bedrooms, 30 baths bathrooms, and is . The property was built in 9999.