Building

Year Built

9999

Accessibility Features YN

No

Lot

Lot Size Acres

0.2

Lot Size Square Feet

8712

Utilities

Cooling YN

Yes

Heating YN

Yes

Remarks

Public Remarks

Clay Manor Apartments presents a compelling opportunity to acquire a 12-unit multifamily investment property in Carlisle, Kentucky. Offered at $825,000, the property features ten two-bedroom, one-bathroom apartments and two one-bedroom, one-bathroom apartments, providing an established rental portfolio with opportunities for additional income growth. Currently, 10 of the 12 units are occupied, with two vacant apartments available for lease-up. All existing tenants are on month-to-month leases, and current rents average approximately $600 per occupied unit. Newer two-bedroom leases reflect rental rates of $650 per month, providing investors with an opportunity to evaluate future rental adjustments as part of their investment strategy. The property benefits from an existing on-site manager, tenant-paid utilities, and a documented operating history. Conveniently located near downtown Carlisle, the building offers access to local shopping, dining, schools, and everyday amenities. With established rental income, immediate lease-up opportunities, and potential for continued revenue growth, Clay Manor Apartments offers an attractive addition to an investment portfolio. Financial statements and additional property information are available upon request. Schedule a private showing to explore this multifamily investment opportunity.

Property Features