Building Details:
• Year Built: 1970
1390 S Wilson Rd is located in Radcliff, KY.
28 unit apartment building consisting of 2 buildings, 3 levels. There are 3 three bedroom units, 1 studio, and 24 one bedroom units. This building has been rehabbed on the exterior and some rehab in the interior but rehab is still needed. 13 sets of stainless stoves and refrigerators that are brand new will remain with the building. Each unit has a gas furnace and are separately metered for gas/electric. There is no central air, window units only. It will cost approximately $4,000 per unit for rehabbing. Radcliff rental income should be $400 - $450 per month for a 1 bedroom unit, $900 - $950 per month for a 3 bedroom unit, and $375 per month for the studio unit. Nothing in the building is currently rented. Great potential investment with a possible yearly gross income of $152,100. Seller wants a fast sale!
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- Jerry McMahan, agent and Rofo Pro