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114 Indian Trace

Barbourville, KY 40906
  • $1,725,000
  • STATUS: Active
  • ON SITE: 150 Days
  • MLS #: 22014669
UPDATED: 47 min ago
$1,725,000
  • 50
    BEDS
  • 4
    ACRES
  • 20
    BATHS
  • 10
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Ratings & Info

Description

Fantastic investment property opportunity in Barbourville, Kentucky.Three (3) properties collectively in deal, boasting 31 townhomes in total. Current occupancy rate across all three properties is 90%Magnolia Villages - 20 townhomes114 Indian Trace, Barbourville KY 40906(10 x 2 bed / 1.5 bath and 10 x 3 bed / 1 bath) Mimosa Homes - 5 townhomes199 Noahville Lane, Barbourville KY 40906(All 2 bed / 1.5 bath)Hosta Homes - 6 townhomes255 Henry Martin Lane, Barbourville KY 40906(All 3 bed / 1 bath)Owner continues to update and remodel units and make property improvements as they are vacated from prior tenants.

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Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Vanessa Vale Team | Keller Williams Bluegrass are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
www.vanessavale.com/homes/130608636
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114 Indian Trace Barbourville, KY 40906

  • Price: $1,725,000
  • Status: Active
  • On Site: 150 Days
  • Updated: 47 min ago
  • MLS #: 22014669
50
Beds
20
Baths
10
½ Baths
4
Acres
Neighborhood:
City Limits
County:
Knox
Area:
Knox County
Property Description
Fantastic investment property opportunity in Barbourville, Kentucky.Three (3) properties collectively in deal, boasting 31 townhomes in total. Current occupancy rate across all three properties is 90%Magnolia Villages - 20 townhomes114 Indian Trace, Barbourville KY 40906(10 x 2 bed / 1.5 bath and 10 x 3 bed / 1 bath) Mimosa Homes - 5 townhomes199 Noahville Lane, Barbourville KY 40906(All 2 bed / 1.5 bath)Hosta Homes - 6 townhomes255 Henry Martin Lane, Barbourville KY 40906(All 3 bed / 1 bath)Owner continues to update and remodel units and make property improvements as they are vacated from prior tenants.
Exterior Features

Parking 36 - 55 SpacesGravelOn SitePaved Roof Metal Stories Two Structure Type Apartments

Interior Features

Cooling CombinationElectricGas Heating CombinationElectricForced AirNatural Gas

Property Features

Current Zoning - Gross Scheduled Rental Income 198300 Intermediate School Not Applicable Number Of Vacant Units 6 Possession Close Of EscrowLandlordNegotiable Terms Sale Vacancy Percent 15.00

Bluegrass REALTORS® logo Listing provided courtesy of Thomas Bayliss of Revolution Realty, Llc: (606) 620-9777 . Listing information © 2022 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.
Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Vanessa Vale Team | Keller Williams Bluegrass are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
 
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Vanessa Vale Team | Keller Williams Bluegrass
1908 Bryant Rd, STE. 250
Lexington KY, 40509