509 Last Resort Ct - Multi-Family FOR SALE


Cumberland, KY 40823
$660,000 USD
310-704-3616
509 Last Resort Ct, Cumberland, KY for Sale
$660,000 USD
Multi-Family - FOR SALE
1/53
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509 Last Resort Ct
Cumberland, KY 40823


HIGHLIGHTS

  • Trust Sale - 2 Mulitfamily Properties One Price
  • Sold together with 601 Cannon House Court
  • 100% occupied
  • 10 units in total
  • professionally managed

OVERVIEW

Trust Sale - Two multifamily properties comprising a combined 10 units, located within a tight geographic cluster in Cumberland, KY, allowing for streamlined management and operational efficiency. 509 Last Resort Court and 601 Cannon House Court both sold together for $660,000, 10 units combined. The residences offer practical layouts suited for workforce housing demand, with range and refrigerator conveying in each property. Please see the offering memorandum for financial information. Additionally and separately, 6 single family homes are being sold as a portfolio (all tenanted)with information in the offering memorandum attached. The list price for the 6 homes is $320,000. Purchase the entire portfolio and own a large multifamily portfolio in Cumberland. The properties are professionally managed. All tenants are conveyed at closing.

FOR SALE DETAILS

PRICE

$660,000 USD

PRICE/SF

$87 USD /SF

# OF UNITS

10

PRICE/UNIT

$66,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2 Multifamily Portfolio For Sale - Trust Sale

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

commercial

APN/PARCEL ID

1984001033,1984001050

ASK ABOUT THIS PROPERTY

Todd WohlBraun InternationalMore Info
310-704-3616

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Todd WohlBraun InternationalMore Info
310-704-3616

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.