Description
This 10-unit (7-2br, 3-1br) multifamily property located in the heart of Walton, KY, presents a value-add investment opportunity. The building is well-situated on N Main Street, providing easy access to local amenities, schools, and transportation, making it attractive to tenants seeking a convenient lifestyle. With a mix of unit sizes, there's tremendous upside potential through strategic renovations, repositioning, and market rent increases. Property is currently vacant but has strong bones, an investor can expect a twenty percent upside by upgrading interiors, optimizing the unit layouts, and modernizing the common areas. ARV: $1,084,000 Repairs: $250,000 Whether you're a seasoned investor or looking to expand your portfolio, this is the perfect chance to maximize value in a growing market. Walton is seeing a surge in development, making this property ideally positioned for appreciation. Take advantage of this rare opportunity to acquire a multifamily asset with untapped potential in an area with a strong rental demand and excellent growth prospects.
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0BEDS
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0.93ACRES
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0BATHS
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01/2 BATHS
School Information
Description
This 10-unit (7-2br, 3-1br) multifamily property located in the heart of Walton, KY, presents a value-add investment opportunity. The building is well-situated on N Main Street, providing easy access to local amenities, schools, and transportation, making it attractive to tenants seeking a convenient lifestyle. With a mix of unit sizes, there's tremendous upside potential through strategic renovations, repositioning, and market rent increases. Property is currently vacant but has strong bones, an investor can expect a twenty percent upside by upgrading interiors, optimizing the unit layouts, and modernizing the common areas. ARV: $1,084,000 Repairs: $250,000 Whether you're a seasoned investor or looking to expand your portfolio, this is the perfect chance to maximize value in a growing market. Walton is seeing a surge in development, making this property ideally positioned for appreciation. Take advantage of this rare opportunity to acquire a multifamily asset with untapped potential in an area with a strong rental demand and excellent growth prospects.
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