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Gingerwood Lodges 6708 US Highway 641 N 11 Unit Apartment Building $754,820 CAD ($68,620 CAD/Unit) Gilbertsville, KY 42044
Investment Highlights
- Income producing
- Potential to upgrade
- Large site
Executive Summary
Property Facts
| Price | $754,820 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $68,620 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 2.53 AC |
| Sale Condition | Business Value Included | Building Size | 9,000 SF |
| No. Units | 11 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1965 |
| Zoning | Commercial | ||
| Price | $754,820 CAD |
| Price Per Unit | $68,620 CAD |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 2.53 AC |
| Building Size | 9,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1965 |
| Zoning | Commercial |
About 6708 US HIGHWAY 641 N , GILBERTSVILLE, KY 42044
INCREDIBLE INCOME PRODUCING PROPERTY WITH 11 UNITS ON OVER 2.5 ACRES! These units are minutes from lake access, KY Dam Village Park, and interstate access. The property has extremely high visibility, two accesses off the highway, ample road frontage, and a storage garage. It currently has tenants, but has the potential for a lake area Airbnb. Units vary from 3 bedrooms to 1 bedroom studio apartments. Checkout these concrete block structures and all the parking options that this property offers. A wise investor will see the value and quickly add this property to their portfolio.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 11 | - | - |
Property Taxes
| Parcel Number | 53-00-00-049.000000 | Improvements Assessment | $421,327 CAD |
| Land Assessment | $161,943 CAD | Total Assessment | $583,270 CAD |
Property Taxes
Presented by
Carter Realty Group, Llc
Gingerwood Lodges | 6708 US Highway 641 N
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