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Multifamily

Oakcrest Apartments

640 Oakcrest Dr, Paducah, KY 42001

Listing Price: Request For Offer

Number of Units
27
Gross SF
30,813

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Paducah, KY. This offering will allow a potential investor to purchase a rare value-add opportunity.

Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require an assumption of current debt at closing. Offers should be delivered to the attention of the Listing Agents.

AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE OAKCREST APARTMENTS.

Investment Highlights

  • Rents are currently $51 below market rate
  • Buildings built on a slab
  • Copper wiring and piping
  • Units are individually metered for electricity
  • Small laundry facility on-site

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Vice President/Regional Manager

    (502) 329-5900

    License(s) KY: 286261

    Kentucky

Financing By

Multifamily

Oakcrest Apartments

Listing Price: Request For Offer

Number of Units
27
Gross SF
30,813

Investment Highlights

  • Rents are currently $51 below market rate
  • Buildings built on a slab
  • Copper wiring and piping
  • Units are individually metered for electricity
  • Small laundry facility on-site

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Paducah, KY. This offering will allow a potential investor to purchase a rare value-add opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require an assumption of current debt at closing. Offers should be delivered to the attention of the Listing Agents. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE OAKCREST APARTMENTS.

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Vice President/Regional Manager

    (502) 329-5900

    License(s): KY: 286261

    Kentucky

Financing By

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