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(SOLD) $2,500,000

1 Briarwood Drive Mt Sterling, KY  40353

Property Description for 1 Briarwood Drive Mt Sterling, KY 40353

Attention Investors!! Very well maintained and sought after 36 unit apartment complex located on 3.5 acres in prime location off the Mt. Sterling Bypass close to shopping and restaurants with room to build an additional 12 units. Each unit is approx. 770 square feet with two bedrooms one bath, breakfast nook and family room and either a deck or patio and wired for Spectrum Cable. Each unit has a refrigerator, dishwasher, stove, washer, and dryer. Tenants pay their own electric and water. Four of the units were built in 1996, one in 2000 and the last one in 2004. Don't miss out on this investment opportunity.

Address:1 Briarwood Drive Mt Sterling KY 40353
Status:Sold
Sold On: 1/5/2022
Price:$2,750,000
Bathrooms:0
Year Built:9999
Lot Size:3.23
County: Montgomery
MLS #:20122891

Lot Dimensions:140699
Utility Options:0, 1, 2, 3, 4
Building Utilities:Other
Directions:From I-64 Exit 110 in Mt. Sterling turn right at the end of the exit ramp and right on Indian Mound Drive, the Mt. Sterling bypass. turn left on Alexa drive, left onto Hawkins Drive and right on Briarwood Drive.

Loan Price
$14,083
Price And Interest $13,041/month
Property Tax $0/month
MTG INS $0/month
HOME INS $1,042/month
Price
$2,500,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$12,504 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 018 - Montgomery County
City:Mt Sterling
Subdivision: Downtown
Zip Code:40353

Exterior Type:Brick, Vinyl Siding
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Susan Moore with Caswell Prewitt Realty, Inc

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Mt Sterling, KY Market Report

96
Avg. DOM
$81.11
Avg. $ / Sq.Ft.
$ 269,900
Med. List Price

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