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$990,000
70 Beds
34 Baths
1.9 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Subdivision Downtown
MLS Listing ID 25011828
Bedrooms 70
Full Baths 34
Lot Size 1.900 Acres
Property Description
Investment Opportunity: 34 Unit Apartment Complex on 1.9 +/- Acres in Carlisle, KY. Introducing a rare opportunity to acquire a 5 building apartment complex with on site coin laundry. This high performing asset features 34 total units, thoughtfully divided into 6 one bedroom, 20 two bedroom, and 8 three bedroom apartments, offering a desirable unit mix that appeals to a wide tenant demographic. With current occupancy at 94 percent, this complex demonstrates strong rental demand and consistent cash flow. The on site coin laundry facility adds convenience for tenants and additional income potential for ownership. Located just minutes from local schools, shopping, and services, this property is ideally suited for both seasoned investors and those looking to expand their multifamily portfolio in a stable rental market. Property is in multiple offer situation, please have all offers submitted to listing agent no later than Saturday, June 7 2025 @ 3:00p.m. EST for Carlisle-Nicholas Co. Housing Authority Board review. Thank you.
Location
State KY
County Nicholas
Interior
Heating Forced Air, Heat Pump
Cooling Heat Pump, Window Unit(s)
Exterior
View Y/N N
Roof Type Shingle
Handicap Access No
Private Pool No
Schools
Elementary Schools Nicholas Co
Middle Schools Nicholas Co
High Schools Nicholas Co
School District Nicholas County - 17
Others
Pool YN No
Handicap Accessible YN No
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Listed by The Real Estate Co.