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32-Unit Apartment Property
For Sale
$3,552,000
Pending

502-632 Nandino Circle, Berea, KY 40403

Multi-Family, Berea, KY

Property SizeContact for details
Lot Size7.96 Acres
Days on Market63

Property Features for 502-632 Nandino Circle

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 64
Bathrooms 64
Full bathrooms 64
Rooms Bedroom 37, Bathroom 42, Bathroom 61, Bathroom 15, Bathroom 41, Bedroom 4, Bathroom 37, Bedroom 62, Bathroom 45, Bathroom 8, Bedroom 61, Bathroom 46, Bedroom 34, Bathroom 55, Bedroom 22, Bathroom 47, Bathroom 20, Bedroom 12, Bathroom 25, Bedroom 3, Bedroom 58, Bathroom 43, Bedroom 14, Bathroom 33, Bedroom 57, Bathroom 39, Bedroom 8, Bathroom 49, Bathroom 19, Bedroom 53, Bathroom 7, Bedroom 46, Bedroom 55, Bedroom 45, Bedroom 35, Bathroom 2, Bedroom 6, Bathroom 30, Bedroom 33, Bedroom 42, Bedroom 63, Bathroom 38, Bedroom 18, Bedroom 28, Bedroom 24, Bedroom 27, Bathroom 53, Bathroom 60, Bedroom 29, Bathroom 13, Bathroom 23, Bedroom 56, Bathroom 29, Bathroom 26, Bathroom 16, Bedroom 7, Bedroom 40, Bathroom 51, Bathroom 21, Bedroom 31, Bedroom 13, Bathroom 58, Bedroom 36, Bedroom 30, Bathroom 52, Bedroom 44, Bathroom 50, Bedroom 19, Bedroom 11, Bedroom 41, Bedroom 38, Bathroom 54, Bathroom 14, Bathroom 48, Bedroom 16, Bedroom 17, Bathroom 5, Bathroom 44, Bedroom 54, Bathroom 64, Bathroom 3, Bedroom 43, Bedroom 26, Bedroom 15, Bathroom 28, Bathroom 4, Bathroom 63, Bathroom 35, Bedroom 10, Bathroom 57, Bedroom 60, Bedroom 49, Bathroom 10, Bedroom 47, Bedroom 9, Bedroom 25, Bedroom 21, Bedroom 51, Bedroom 20, Bathroom 18, Bedroom 59, Bedroom 1, Bedroom 52, Bathroom 34, Bathroom 31, Bathroom 40, Bathroom 24, Bedroom 32, Bathroom 9, Bedroom 23, Bedroom 39, Bathroom 62, Bedroom 48, Bedroom 64, Bathroom 36, Bathroom 32, Bathroom 1, Bathroom 12, Bedroom 50, Bathroom 22, Bathroom 17, Bedroom 5, Bathroom 56, Bathroom 59, Bathroom 6, Bathroom 11, Bedroom 2, Bathroom 27
Parking 32
Parking features Parking Lot
Patio and Porch features Patio, Deck
Exterior features Concrete Walks, Covered Deck, Covered Patio, Exterior Lights, Landscaping, Mature Trees, Outdoor Lighting, Patio, Pond(s), Trees
Lot features Dead End, In City Limits, Sidewalks
Elementary school Shannon Johnson Elementary
Middle school Southern Madison Middle School
High school Southern Madison High School
Directions I75S - Exit 76 Berea. Turn right off exit and go to light near KFC. Turn Right. Nandino Circle will be 2nd Street on your left. Go to end of street and apartments are at the very back.
Subdivision Madison County
Standard status Pending
Lot size 7.96 Acres

Building Details

Year built 2005
Number of units 32
Listing Agency: Keller Williams First Choice R · Keller Williams Realty
Listed By: Christopher Cummings
Added: Jul 16 Changed: Sep 13 Last Checked: Sep 16 at 4:06PM
MLS# RA20264481

Copyright © 2026 REALTOR® Association of Southern Kentucky, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment property comprises 8 buildings and 32 total units, with 4 units in each building. Every residence is configured with 2 bedrooms and 2 bathrooms, providing 64 bedrooms and 64 bathrooms across the property. The buildings were constructed in 2005 and are situated on 7.96 acres.

Exterior features include concrete walkways, covered decks, covered patios, additional patios, exterior lighting, landscaping, mature trees, and a pond. A parking lot serves the property. The site is located at 502-632 Nandino Circle in Berea, Kentucky, within ZIP Code 40403.

Key Highlights

  • 32 total units across 8 buildings, with 4 units per building
  • Each unit includes 2 bedrooms and 2 bathrooms
  • Property totals 64 bedrooms and 64 bathrooms

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store HVAC Service Cafe & Coffee Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

32
Residential units

Location Intelligence

Trade Area within ½ mile

130
Businesses Nearby

Demographics for 40403, KY

26,994
Population
11,008
Households
2.5
Avg Household Size
38
Median Age
26%
College-Educated
87%
High-School Grad
111.0 sq mi
ZIP Area
243
Density / Sq Mi
$60,105
Median Household Income
$33,847
Median Earnings
$827
Median Rent
$180,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multi-building apartment property with two-bedroom, two-bath residences, landscaped grounds, patios, decks, and a pond.
Where is this apartment building located?
The property is located at 502-632 Nandino Circle Berea, KY.
What is the asking price?
The asking price for this property is $3,552,000.
What are key features of this property?
This property features: 32 total units across 8 buildings, with 4 units per building; Each unit includes 2 bedrooms and 2 bathrooms; Property totals 64 bedrooms and 64 bathrooms
More about this property
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