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Morganfield, KY Apartment Buildings for Sale

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30-Unit Townhome Investment Opportunity
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24,900 SF

30-Unit Townhome Investment Opportunity

618 E Waverly St, Morganfield, KY 42437

Stabilized asset with rent growth potential in Morganfield, KY.

  • High‑yield asset with an attractive entry cap rate of approximately 8.97% and a pro‑forma stabilized cap rate near 9.6%.
  • 100% occupied with strong in‑place cash flow and a current NOI of approximately $160,527.
  • Built‑in rent growth potential by increasing current average rents to estimated market levels.
  • Low‑density townhome‑style layout supports long‑term tenant stability and reduced turnover.
  • Offered at a basis significantly below estimated replacement cost, creating strong downside protection.
Updated: Jan 30
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Morganfield, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

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Downtown Evansville Apartment Building

Five-unit apartment building in downtown Evansville, fully occupied.

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Updated Victorian Multifamily Investment Property
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Updated Victorian Multifamily Investment Property

Updated Victorian property with income potential in Evansville's Arts District.

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Madisonville Commercial Opportunity on Two Acres
$579,000
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Madisonville Commercial Opportunity on Two Acres

Two-acre property ideal for residential or professional use.

123 Waddill Ave, Madisonville, KY 42431
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Versatile Madisonville Property: Development Potential
$579,000
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Versatile Madisonville Property: Development Potential

Two-acre property suitable for residential, office, or apartments.

123 Waddill Ave, Madisonville, KY 42431
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Morganfield, KY Apartment Buildings Investment Opportunities Market Analysis

Explore 1 apartment buildings for sale in Morganfield, KY on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for two-family homes in Morganfield, KY start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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