49 Gregory St | Monticello, KY 42633
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- LoopNet Team
49 Gregory St
Monticello, KY 42633
Upperline Health | 120+ sites | 8.75% Cap · Office Property For Sale
Investment Highlights
- Hospital Adjacent – Many of the properties have a hospital adjacent location which is prime for a medical office due to the referral base
- Tax Friendly State – Kentucky recently reduced its income tax rate by 0.5% with plans to reduce it by the same for 2024
- Medical Office Buildings – Healthcare Real Estate has persisted through various consumer trends and economic downturns, holding out as a favorable as
- Highly Visible – Each site’s location is convenient and accessible, which is crucial for Healthcare Real Estate
- Referral Network – All 10 Upperline Health locations are within proximity to each other, creating a strong referral network for patients
- Annual Rental Increases – Maintain growth of your investment dollars while hedging against inflation with annual rental increases among tenants
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
2,176 SF
Building Class
C
Year Built
2007
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,176 SF
Building FAR
0.10
Lot Size
0.50 AC
PROPERTY TAXES
| Parcel Number | M4-12-012.00 | Improvements Assessment | $280,000 |
| Land Assessment | $62,000 | Total Assessment | $342,000 |
PROPERTY TAXES
Parcel Number
M4-12-012.00
Land Assessment
$62,000
Improvements Assessment
$280,000
Total Assessment
$342,000
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