Uniontown Multifamily for Sale - Fayette County
This unique mixed-use investment opportunity includes 23 residential rental units, a fully equipped former bar facility, versatile event center suitable for private parties, community events, and entertainment. The property offers diversified income potential. 17 Unit, 1 Duplex, 1 Tri-plex, 1 Bungalow Multifamily property with fully operating bar valued together for a package of $849,017 Units:12-1 Room Units share 3 Baths, Kitchen (8@410,1@460,2@500, 1@510), 2 Unit-1 Bed, Kitchen (1@510,1@550), 1 Unit -1 Bed, Kitchen, Partial Bath(1@550) 2 Units-Bedroom, Living Room, Kitchen, Bath (1@450, 1@460)/ Tri-plex: Main-2 Bed, Bath, Kitchen (800)2nd Flr-2 Bed, Bath Kitchen (750) Basement-1 Bed, Bath, Kitchen (600) Duplex: Main-2Bed, Bath, Kitchen (750) 2nd Flr-3Bed, Bath, Kitchen (900) Bungalow: 1 Bed, Bath, Kitchen (800) Bar: Hotel Bar - Available Liquor License/15 Bar Stools, 4 Booths,4 Booths, Gaming Room, Kitchen, Multi-Purpose Room Event Center, Parking Lot (Bar and Multipurpose Event Center are currently not opened)
The NOI is estimated if bar and Multi-Purpose Room-event center is Rented and accounts for the taxes, insurance, and utilities. Current stabilized residential cap rate 8.42%, Potential Cap Rate with bar/event Income 11.5%-12.7% depending on added expenses.