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- LoopNet Team
736-740 Monmouth St
Newport, KY 41071
Sunok Apartments · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Occupied
- Phenomenal Walking Traffic
- Dual Usage Property
- Great Location
- Well Maintained
PROPERTY FACTS
AMENITIES
- Signalized Intersection
ABOUT 736-740 MONMOUTH ST , NEWPORT, KY 41071
KW Commercial is proud to present this dual usage property. This building in in the heart of Newport in the midst of the heavy retail corridor. The building has been recently updated with a full facia upgrade. The building has been well maintained. The property is 100% Occupied. Property has three (3) retail spaces on the ground floor accessing the heavy Newport walk traffic. The second floor contains 6 multifamily residential spaces. all units are in great condition and rent extremely fast. The units are larger in size compared to the typical rental space in the area. We feel there is a value add to a buyer as the residential rental units are underpriced. The top floor is open penthouse space that can be used for many different opportunities. We feel that additional multi family or professional office space will be the best fit yet your new concept may be just the ticket that draws the Newport crowds.
PROPERTY TAXES
| Parcel Number | 999-99-01-145.00 | Improvements Assessment | $736,200 |
| Land Assessment | $50,000 | Total Assessment | $786,200 |
PROPERTY TAXES
