Mixed Income Rental
6745 Benton Road Paducah, KY 42003
New
6745 Benton Road, Paducah, KY, 42003
$540,000
For Sale
$540,000
COMMERCIAL - Paducah, KY
Property Size4,099 SF
Lot Size3.73 Acres
Price / SF$131.74
Days on Market7
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 Agency
Elite Realty
(270) 444-6522
100 Fountain Ave. Suite 401, Paducah, KY
Listed by
Ladonna Umstead
(270) 331-2820
Added: Jul 11 Checked: Jul 17 at 7:06 pm
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.
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
NOI $36,994 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$480.4K
$420.4K – $560.5K
NOI $33,628 @ 7.0% cap · market cap 6.23%
Theoretical Best
Warehouse
$854.1K
$747.3K – $996.4K
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 ...
Similar For Sale Nearby
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