2007 S Main Street, Paris, KY 40361
2007 S Main Street, Paris, KY 40361
2007 S Main Street, Paris, KY 40361
2007 S Main Street, Paris, KY 40361
2007 S Main Street, Paris, KY 40361
2007 S Main Street, Paris, KY 40361

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Additional details
Wes Williams

Wes Williams

+1(606) 627-1764
$ 2,890,000

16,950 SqFt

Save
$ 2,890,000
Save

16,950 SqFt

Key Details

Property Type Vacant Land, Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 16,950 sqft

Price per Sqft $170

Subdivision City Limits

MLS Listing ID 26025114

Year Built 2024

Lot Size 0.538 Acres

Acres 0.64

Property Sub-Type Business

Property Description

Turnkey 15-Unit Multifamily Asset | Brand New 2024 Construction | Rare 8.00% CAP Rate - Seize a rare opportunity to acquire a cash-flowing, institutional-quality multifamily asset built completely new in October 2024. This uniform 15-unit apartment building features an ideal mix of fifteen identical 2-bedroom, 1-bathroom layouts, offering maximum operational efficiency and minimal maintenance overhead. Delivering an immediate, institutional-grade 8.00% capitalization rate on current in-place income, this asset represents a premier choice for 1031-exchange investors or private equity portfolios looking for high yields without the typical headaches of vintage assets.

Location

State KY

County Bourbon

Zoning B-2

Interior

Heating Heat Pump

Cooling Heat Pump

Exterior

Parking Features On Site, Other

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N N

Roof Type Dimensional Style,Flat,Rubber

Handicap Access No

Private Pool No

Building

Sewer Public Sewer

Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by Kentucky Prime Realty, LLC
Wes Williams

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(606) 627-1764

williamseliterealtyky@gmail.com

205 London Shopping Ctr, London, KY 40741-3016, USA

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2007 S Main Street

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