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    OFF-MARKET
    Commercial real estate

    202 Lafayette St, Beaver Dam, KY 42320

    0.39 ac lot
    Property ID
    US34-1486206
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.39 ac (16,988 SF)
    UPID US34-1486206
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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