227 W E Lobb Dr

Description

Excellent investment opportunity in Green County, Kentucky. If you are looking for a large piece of land along with an opportunity to make money, this is the property for you. The property is seated on 15 acres with many rental units and RV hookups along with an event space. Rent rolls indicate that this property could make around $15,000 monthly (with the current rental rates) at full capacity with a cap rate of 7.89%. It is currently making an average of around $11,000 and has made almost $120,000 this year so far. Rent roll for 2022 is available upon request. Schedule your tour of the property today! Current Rental Rates : House 1 - $400+utilities House 2 - $450+utilities House 3 - $550+utilities House 4 - $450+utilities House 5 - $600 House 6 - $550 Apt 1 - $550 Apt 2 - Office (could be rented for $450-550) Apt 3 - $550 Apt 4 - $450 Apt 5 - $550 Apt 6 - $500 Apt 7 - $650 Apt 8 - rented with Apt 7 BH 1 - $600 BH 2 - $700 Main Building - $4,000+utilities Garage - $350 Block Building - $1,000 Tan Building - $1,000 The Main Building is 40,000 sq ft Concession area is 3000 sq ft with equipment Office (apartment) 7 Apartments 5-1 bedroom houses 800 sq ft 1-3 bedroom house 1500 sq ft Metal Building 4500 sq ft Metal Garage 1000 sq ft Block Building (bath house) 3600 sq ft Block building (dorms) 10,000 sq ft 15 RV Hookups