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227 W E Lobb Dr

GREENSBURG, KY 42743
  • $1,450,000
  • STATUS: Active
  • ON SITE: 227 Days
  • MLS #: HK10060373
UPDATED: 18 min ago
$1,450,000
  • 0
    BEDS
  • 15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1977
County:
Area:

School Ratings & Info

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

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© 2022 Heart of Kentucky Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Melloan Real Estate. The data relating to real estate for sale or lease on this web site comes in part from HKAR. Real estate listings held by brokerage firms other than Melloan Real Estate are marked with the HKAR logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2022-11-26T15:12:01.943.
www.melloan.com/homes/127619494
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227 W E Lobb Dr GREENSBURG, KY 42743

  • Price: $1,450,000
  • Status: Active
  • On Site: 227 Days
  • Updated: 18 min ago
  • MLS #: HK10060373
0
Beds
0
Baths
0
½ Baths
15
Acres
1977
Built
Neighborhood:
None
County:
Green
Area:
Green County
Property 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
Exterior Features

Acreage Source Other

Interior Features

Apx Office Area Sq Ft 0 Apx Warehouse Area Sq Ft 0 Sq Ft Source Other

Property Features

Property Type Commercial Sale Rent For Sale

Listing information © 2022 Heart of Kentucky Association of REALTORS®
Listing provided courtesy of United Real Estate Louisville: .


© 2022 Heart of Kentucky Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Melloan Real Estate. The data relating to real estate for sale or lease on this web site comes in part from HKAR. Real estate listings held by brokerage firms other than Melloan Real Estate are marked with the HKAR logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2022-11-26T15:12:01.943.
 
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Melloan Real Estate
400 N. Mulberry St.
Elizabethtown KY, 42701