606 Park Ave, Hopkinsville, Kentucky 42240

KY, Hopkinsville
$4,599,000
  • Under Contract Status
  • Day 107 Under Contract Contract accepted - open contingencies
  • Residential Income Property Type
  • 10888 Total Sqft $422/sqft
  • 1975 Year Built
Property Description

ASSUMABLE 3.9% INTEREST LOAN!SVN | Accel Commercial Real Estate proudly presents a rare gem in the Clarksville MSA—a 48-unit property with an incredible 3.9% assumable debt and over 7 years left! Situated on 5.52 acres in the booming Hopkinsville, KY market, where over $1 billion in projects are pouring in, this is an opportunity you can’t afford to miss. Ownership has already revitalized more than half of the units, with the rest undergoing stylish updates as they become available. The property is packed with amenities, including an on-site laundry room, vending machine, leasing office, and extra acreage perfect for adding more features like storage units or recreational spaces. In today’s tough lending environment, this property’s 3.9% interest rate is truly a rare find. Don’t miss your chance to secure this high-potential asset! Please do not visit property or disturb tenants! Contact agents to schedule a showing.

Property Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • MLS #: 2694037
  • Price: $4,599,000
  • Square Footage: 10,888 Sqft
  • Year Built: 1975
  • Office Name: SVN Accel Commercial Real Estate
  • Agent Name: Kunal Patel
  • Property Attached: Yes
  • Listing Status: Active Under Contract
Location Info
  • Street Number: 606
  • Street: Park Ave
  • City Hopkinsville
  • State KY
  • Zipcode 42240
  • County Christian County, KY
  • Subdivision Evergreen Pk
  • Longitude: W88° 29' 52.1''
  • Latitude: N36° 52' 48.5''
  • Zoning: COM
  • Directions: From US-68/KY-80 toward Russellville Rd, take a left onto the ramp to Hopkinsville. Turn left onto KY-80 W/US-68 W/McLean Ave. Turn right onto E 9th St, turn right onto S Virginia St. Then, take a left onto Glass Ave, then a right onto Park Ave.
Features
  • Heating System Central
  • Cooling System Central Air
  • Utilities Water Available
  • Flooring Vinyl
  • Laundry Features Share
  • Sewer Public Sewer
Schools
  • Elementary School: Sinking Fork Elementary School
  • Middle School: Christian County Middle School
  • High School: Christian County High School
Additional Info
  • Water Source: Public
  • Association Amenities: Sidewalks
  • Building Size: 10,888
  • Construction Materials: Brick
  • Levels: One
  • Number Of Units Total: 48
  • On Market Date: August 20th, 2024
  • Previous Price: $4,599,000
  • Stories: 2
Financial
  • Annual Tax Amount: $27,273
Listing Data
  • Co List Agent Full Name: Brian Truman
  • Co List Office Name: SVN Accel Commercial Real Estate
  • Mls Status: Under Contract - Showing
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Oct 9th, 2024 @ 6:01pm
  • Status Change Timestamp: Oct 8th, 2024 @ 2:34pm
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