Henderson Apartments Portfolio — Kentucky
183 units with $1.00M disclosed NOI and a 6.33% cap rate
Opportunity teaser
Six-property multifamily portfolio with disclosed 96% occupancy and approximately $5.2M of capital improvements since 2022.
Why it may be interesting
Operating scale, diversified rent exposure and substantial recent capital investment may offer a balance of current yield and value-add upside.
Risks and open questions
Verify each property schedule, rent roll, renovation scope, debt and title matters, collections, payroll allocation, taxes, insurance, environmental reports and the pro forma NOI.
Key figures
- Price
- $15.85M
- NOI
- $1M
- Cap rate
- 6.33%
- Occupancy
- 96.0%
- Units
- 183
- Square feet
- 139,980
- Asset class
- Multifamily Portfolio
- Geography
- Henderson, Kentucky — six properties
Disclosure
Curated from a public commercial-property listing. Financial, occupancy and property information is broker or owner supplied and has not been independently verified. Merge & Acquire does not represent the owner, broker or marketplace for this opportunity.