100 Summit Drive
100 Summit Drive Mount Sterling, Kentucky 40353 United States

$2,749,000
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Previous buyer had family emergency and could not perform on contract. Awaiting release. Attention Investors! 100% occupied apartment complex with 36 units. 35 units have 2 bedrooms/one bathroom and one unit is a studio. Tenants pay electric,...

Positive Property Management

Listing Courtesy of Positive Property Management
$2,749,000
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71
Bedrooms
36
Full Baths
87,120 Sq Ft.
Interior
2 Acres
Exterior
Multi Family
Property type
1975
Year Built
22005744
Web Id
22005744
MLS ID
Spring Meadows
Subdivision
Montgomery County
School District
Montgomery Co
High
67
days ago

About 100 Summit Drive

Previous buyer had family emergency and could not perform on contract. Awaiting release. Attention Investors! 100% occupied apartment complex with 36 units. 35 units have 2 bedrooms/one bathroom and one unit is a studio. Tenants pay electric, owner pays gas, water and trash (studio is all utilities paid by owner). Complex has an onsite laundromat. All but 3 units have had updates in the last 2 yrs. Current monthly gross income is $25,995 or $309,540 per year, with plenty of growth still available. Selling AS IS with inspections welcomed.

Listing Courtesy of Positive Property Management

features

cooling
Electric
Style
Flat

PROPERTY INFORMATION

Cooling
Electric, Window Unit(s)
Heating
Natural Gas
Parking Description
36 - 55 Spaces, Paved

EXTERIOR

Roofing
Flat
Listing Courtesy of Positive Property Management

Positive Property Management

Listing Courtesy of Positive Property Management
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