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509 Last Resort Ct - 2 Multifamily Portfolio For Sale - Trust Sale 10 Unit Apartment Building Offered at $896,359 CAD Cumberland, KY 40823
Investment Highlights
- Trust Sale - 2 Mulitfamily Properties One Price
- 100% occupied
- professionally managed
- Sold together with 601 Cannon House Court
- 10 units in total
Executive Summary
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.
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.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$146,677
|
$19.30
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$146,677
|
$19.30
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $146,677 |
| Annual Per SF | $19.30 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $146,677 |
| Annual Per SF | $19.30 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
Unit Amenities
- Refrigerator
- Oven
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1.5 | 3 | - | - |
| 2+1 | 3 | - | - |
| 1+1 | 2 | - | - |
| 4+1.5 | 2 | - | - |
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509 Last Resort Ct - 2 Multifamily Portfolio For Sale - Trust Sale
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