502-632 Nandino Circle (32 Units) 502 Nandino Cir 32 Unit Apartment Building $3,552,000 ($111,000/Unit) Berea, KY 40403

This multifamily investment opportunity consists of 32 residential units across eight separate buildings, with four units per building. Each unit features a two-bedroom, two-bathroom floor plan and approximately 1,100 square feet of living space, providing a consistent and efficient unit mix that appeals to a broad tenant base. The property benefits from a low vacancy rate and current asking rents of $975 per month per unit, supporting stable occupancy and recurring income.
A scenic pond enhances the property's setting and contributes to resident appeal, creating an attractive community environment. The multi-building layout offers operational flexibility while reducing concentration risk within a single structure. With a proven rental history, established occupancy, and a desirable unit configuration, the asset presents an opportunity for investors seeking cash flow from a stabilized multifamily property.
The combination of 32 units, strong tenant demand, low vacancy, and a consistent two-bedroom, two-bathroom product positions the property as a compelling investment opportunity. Investors may also identify opportunities to further enhance revenue through future operational efficiencies and long-term asset management strategies while benefiting from the property's existing income stream.