2007 S Main Street, Paris, KY 40361

$2,890,000
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  • 2007 S Main Street, Paris, KY 40361 Main Photo

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SQUARE FEET16,950 MLS#26025114
STATUS PROPERTY TYPECommercial - Business SUBDIVISIONCity Limits
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Property Description

Turnkey 15-Unit Multifamily Asset | Brand New 2024 Construction | 7.1% 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 7.1% 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.

2007 S Main Street | MLS# 26025114

This commercial property located at 2007 S Main Street, Paris, KY 40361 is currently listed for sale with an asking price of $2,890,000. Search Paris real estate on info.salliedavidson.com today.

Property Features

Property Type: Commercial - Business
Cooling: Heat Pump
Heating: Heat Pump
Lot Size: 0.64 Acres
Roof Type: Flat, Rubber, Dimensional Style

Feature Descriptions

Business Type: Commercial, Other
Days on Site: 53
Exterior: Concrete
Lot Dimensions: 0.643 acre(s)
Parcel #: 026-60-01-008.00
Parking Notes: On Site, Other
Tenant Pays: Electricity
Utilities: Electricity Connected, Sewer Connected, Water Connected

Listed By / Shown By

Listed By

Agency Name: Kentucky Prime Realty, LLC

Shown By

Agent Name: info Davidson
Agent Phone: (606) 877-3000
Agency Title: SALLIE DAVIDSON, REALTORS

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