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Micah Preston


4522 Decoursey Avenue real estate property listed by Realty Executives real estate property listing
Latonia KY 41015 US

1,836 sqft


Courtesy of: Micah Preston, Realty Executives Select


4522 Decoursey Avenue Unique Portfolio offering - 5 Buildings with a total of 16 units. Well maintained units with a Cap Rate of 10.65%, Excellent return, Mostly Leased, a couple recent turns going on currently. NOI is estimated based upon the actual in place leases with an 8% vacancy and collection loss and a 40% expense ratio. All buildings have been remodeled with numerous updates of new roofs, windows, HVAC, etc.

  • Facts
  • Lot Size: 0.06 acre
  • Property Type: MultiFamily
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Aluminum Siding, Vinyl Siding
  • Parking Type: On Street
  • Roof Type: Composition Shingle
  • Heating Fuels: Electric
  • Additional Features
  • Basement
  • School
  • Latonia Elementary(Elementary)
  • Holmes Senior High(High)
  • Holmes Middle School(Middle)
  • Neighborhood
  • Kentonvale/Latonia
Listing Changed: 5/8/2018 9:21:00 PM GMT
Source Updated Date: 6/24/2018 3:44:45 AM GMT

Courtesy of: Micah Preston, Realty Executives Select

Listing Source - ListHub

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