Listed by RE/MAX Properties East
$950,000
914 Lily Creek Road - Office Condominium For Sale
Details
APN 003103860000
Property Type Office
Sub Type Business Park, Mixed Use
Square Footage 6,000
Cap Rate 7.00%
NOI $67,032
Occupancy 100%
Tenancy Multi
Brand/Tenant Attorney, Flite Access
Price per SqFt $158
Class B
Year Built 2015
Buildings 1
Stories 2
Zoning OR-3 - Office/Residential District
Parking Spaces 10 spaces
Parking Per SqFt 1.67
Investment Type Stabilized
Ceiling Height 9
Ownership Condominium Association
914 Lily Creek Road, Louisville, KY 40243
Marketing description
Please contact the agent for more information about this property.
The Annual Condo fee includes: Management, Exterior Building Maintenance, building insurance, landscaping.
The Condo fee covers exterior Building maintenance, building insurance, landscaping, Snow removal, elevator, water, parking lot, trash pick-up on the grounds and dumpster.
The building is 100% Leased to four tenants. The NOI is $67,032.00.
Investment highlights
- Office Condominium For Sale in Blankenbaker Centre Office Park
- 100% Leased to four tenants
- Cap Rate: 7.0%
- NOI: $67,032.00
- Annual Income: $90,306.00
- Total Expenses: $23,274.00
- Located between I-64 and Shelbyville Road, about 1/4 mile North of I-64
- Cash to Seller sale terms
- Property Use Type: Investment
- Energy Star Certified
Listing Contacts
Listed by RE/MAX Properties East
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$67,032.00
$5,586.00/mo
Valuation Metrics
0
DSCR
7.06%
Cap Rate
7.06%
ROI
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