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About This Home
This 0-bedroom, 0-bathroom commercial at 313 N Dixie Highway in Cave City, KY is listed for $390,000. Built in 1950, on a 0.50 acres lot.
This 10-unit apartment/motel property offers a unique and versatile investment opportunity in a high-visibility location on N Dixie Hwy. Whether you’re looking to expand your rental portfolio, develop a boutique motel, or capitalize on the growing demand for short-term rentals like Airbnb, this property checks all the boxes.
Currently, 6 units are occupied with long-term tenants, providing immediate income while you renovate and reposition the remaining units to maximize returns. The layout and structure lend themselves well to a mix of long-term and short-term rental strategies, giving investors flexibility to scale income over time.
With strong potential for value-add improvements, this property is ideal for an investor looking to create a high-performing income-producing asset. Opportunities like this — with existing cash flow and upside potential — are hard to find.
Key Features
- Built in 1950
- 0.50 acre lot
Property Details
Monthly Cost Estimate
$2,086/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
313 N Dixie Highway
Cave City, KY 42127
N/A
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 313 N Dixie Highway is listed at $390,000. The estimated monthly payment is $1,690 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.50 acre lot. Interior Features: Finished, Unfinished. Exterior Features: Partial, Fence.
This property is listed by Dwayne Pierce and can be reached at 2707821811 or d.pierce@kw.com.
