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Mixed Income Rental Property

6745 Benton Road Paducah, KY 42003

Claim this Listing
New
For Sale
$540,000

COMMERCIAL - Paducah, KY

Property size:
4,099 SF
Lot size:
3.73 Acres
Price / SF:
$131.74/SF
Added:
Jul 11, 2026
Days on Market:
4
Last Refresh:
Jul 14 at 3:06 am

Property Features for 6745 Benton Road

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
UR
Standard status
Active
APN
134-10-05-014.ML1
Size
4,099 SF
Lot size
3.73 Acres

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Central Air

Building Details

Roof type
Metal

Listing agent Ladonna Umstead

Listing office Elite Realty 100 Fountain Ave. Suite 401, Paducah, KY

Listing date Jul 11, 2026

MLS# 26017893

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This income property includes a mobile home park with nine tenant-owned mobile homes, plus a former strip motel converted into two apartment units. One apartment unit is currently used for storage. The property also includes a residence operating as a residential/service business, along with a former garage that provides additional storage or flexible-use space. More than 4,000 square feet are reported as under roof, and the property is 100% occupied by long-term tenants.

Located just off Exit 16 with direct visibility and easy access to I-24, the site is described as minutes from town and nearby amenities. Also included is approximately one acre of undeveloped land overlooking I-24, which may support future mixed-use development subject to applicable zoning regulations and governmental approvals. Rental rates have seen minimal adjustments over the years, supporting continued focus on income performance.

Overall, the offering is a diversified rental portfolio on a single parcel, combining occupied residential units with additional storage/flex space and undeveloped acreage.

Key Highlights

  • More than 4,000 SF under roof with central air and a metal roof
  • 100% occupied by long‑term tenants
  • Includes a mobile home park with nine tenant‑owned mobile homes

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $57.5k $14.04
− Vacancy −$4.7k −$1.15
EGI $52.8k $12.89
− OpEx −$15.9k −$3.87
NOI $37.0k $9.03
4,099 SF · lease $14.04/SF/yr · vacancy 8.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$528.5K
$462.4K – $616.6K (±1% cap)
NOI $36,994 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$480.4K
$420.4K – $560.5K (±1% cap)
NOI $33,628 @ 7.0% cap · market cap 6.23%
Theoretical Best
Warehouse
$854.1K
$747.3K – $996.4K (±1% cap)
NOI $59,784 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Real Estate Agency Building Supply Dental Office Law Firm Auto Repair Shop Restaurant Hair Salon Auto Parts Store Nail Salon Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mobile home & RV park - Income property with nine tenant-owned mobile homes, two apartment units, and additional residence and storage on 3.73 acres.
Where is this mobile home & rv park located?
The property is located at 6745 Benton Road Paducah, KY.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: More than 4,000 SF under roof with central air and a metal roof; 100% occupied by long‑term tenants; Includes a mobile home park with nine tenant‑owned mobile homes
Contact an agent
More about this property
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