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32-Unit Apartment Community
For Sale
$3,552,000

502-632 Nandino Circle, Berea, KY 40403

Eight buildings offer consistent two-bedroom, two-bathroom layouts across the property.

Property SizeContact for details
Days on Market105

Property Features for 502-632 Nandino Circle

General Information

Standard status Active
Total Parking Spaces 32
Property subtype Multi Family Home

Units

Unit Mix 32 x 2BR/2BA
Multifamily Units 32

Amenities

Concrete Walks
Covered Deck
Covered Patio
Exterior Lights
Landscaping
Mature Trees
Outdoor Lighting
Patio
Pond(S)
Trees

Building Details

Year Built 2005
Buildings 8
Listing Agency: Elmore Real Estate
Listed By: Jeff Hinkley · License #193375
Source: Elmorerealestate
Added: Jul 16 Changed: Oct 25 Last Checked: Oct 26 at 3:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elmore Real Estate

Rey
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Investment Insights

Based on property information with market context.

This apartment property comprises eight buildings with 32 units in total. Each building contains four units, and every unit is configured with two bedrooms and two bathrooms. Across the community, the unit mix totals 64 bedrooms and 64 bathrooms.

The buildings were constructed in 2005 and are located in Berea, Kentucky.

Key Highlights

  • 32 apartments across 8 buildings
  • Four units in each building
  • Each unit has 2 bedrooms and 2 bathrooms

Property Analytics

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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

Frequently Asked Questions

What type of property is this?
Apartment building - Eight buildings offer consistent two-bedroom, two-bathroom layouts across the property.
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 apartments across 8 buildings; Four units in each building; Each unit has 2 bedrooms and 2 bathrooms
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