2500 Willow Lenoxburg Road Brooksville KY 41004

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2500 Willow Lenoxburg Road

Brooksville, KY 41004

Suburb: Brooksville

$149,000

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2500 Willow Lenoxburg Road - MLS# 614756

Exciting Investment Opportunity: 25+ Storage Units Embrace an Investment opportunity with this climate-controlled building boasting 15 brand new rental units, along with a small office. Unfinished space offers room for an additional 7 units, allowing you to expand & maximize your profits. Rest easy knowing a 5 Ton HVAC system was installed in 2022, ensuring optimal climate control for your tenants' belongings. In addition, we offer a non-climate controlled building comprising of 10 units. All units feature concrete floors, doors & brand new spray foam insulation, ensuring the utmost protection for your tenants' possessions. Our tenants' safety is our priority, we provide multi-camera visual surveillance to maintain a secure environment for their valuable items. The lot offers plenty of room for expanding the storage capacity even further. Take advantage by fencing the lot for outdoor storage solutions. This presents an excellent opportunity for you to accommodate additional units, capitalizing on the growing demand for storage. 20 Units rented currently, monthly income $1220. Fuel pumps have been removed by the state of Kentucky.

Directions

From Cincinnati or Northern Ky take AA Hwy (KY-9 S), turn Right on Lenoxburg Foster Road, Continue on KY-1019, Turn left onto Highway 10 N (KY-10)

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Property Details

General Information

Property Type	Commercial Sale
Style	Business
Suburb	Brooksville
County	Bracken
Zip Code	41004
MLS#	614756

Additional Information

No. of Buildings	2
Semi-Annual Taxes

Property Features

Construction	Metal Siding
Lot Dimensions	of record
Total Acres	0.72
Water	Public
Sewer	Septic Tank

Additional Features

Parking	On Site
Cooling	Central Air

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You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage.

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Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

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360 months = 30 years

Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

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