202 Lafayette St, Beaver Dam, KY 42320
This exceptional mixed-use investment opportunity in Beaver Dam, Kentucky, presents a 7-unit apartment building situated on a 0.39-acre lot at 202 N Lafayette Street, zip code 42320. Currently 100% occupied and generating income, this property boasts an impressive 15% gross capitalization rate. The building's prime location places it within easy walking distance of popular local attractions such as Sounds on Second, the Beaver Dam Amphitheatre, and Beaver Dam Park, as well as shopping, restaurants, and a pharmacy. This convenient location contributes to low tenant turnover and a strong return on investment. Each of the seven units is equipped with its own meter base and HVAC system, ensuring efficient utility management and tenant comfort. Adding to the property's appeal is a detached garage measuring 16 feet by 72 feet, providing additional storage or potential rental income. The asking price for this remarkable investment is $200,000. This is a rare opportunity to acquire a high-performing, income-producing property in a desirable location. Don't miss out on this chance to secure a significant return on your investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.