Property profile

202 Lafayette St Beaver Dam, KY 42320

OFF-MARKET
Mixed-use properties
Property ID
US34-1486206
0.39 ac lot
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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 Mixed-use properties
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

Location

202 Lafayette St Beaver Dam, KY 42320
Beaver Dam metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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