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Executive Summary

Are you ready to take your investment portfolio to the next level? This large apartment complex in Inez, Kentucky, offers an impressive 44residential units, including 12 one-bedroom units, 28 two-bedroom units, and four three-bedroom units. The property features a diverseunit mix designed to appeal to a wide range of tenants. Additional amenities include dedicated office space and on-site washers anddryers for tenant use. The landlord currently pays for water, sewer, and trash service. With several value-add opportunities available,this property offers strong potential for an investor looking to increase rental income, improve operations, and build long-term equity.Whether you are expanding an existing portfolio or searching for a substantial multifamily investment, this complex presents a rareopportunity in the Eastern Kentucky market.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $333,792 $9.17
Other Income - -
Vacancy Loss - -
Effective Gross Income $333,792 $9.17
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $333,792
Annual Per SF $9.17
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $333,792
Annual Per SF $9.17
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $3,477,000 CAD
Price Per Unit $79,023 CAD
Sale Type Investment
No. Units 44
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.19 AC
Building Size 36,382 SF
Average Occupancy 80%
No. Stories 2
Year Built 1995
Parking Ratio 0.69/1,000 SF
Opportunity Zone Yes
Zoning Residential - Residential

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 - -
3+1 4 - -
2+1 28 - -
Somewhat walkable
30/100
Exceptionally drivable
90/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 028-01-02-004.00
  • 028-01-02-004.01
Land Assessment
$1,200,260 CAD
Improvements Assessment
$1,856,718 CAD
Total Assessment
$3,056,978 CAD
  • Listing ID: 41286507

  • Date on Market: 2026-07-14

  • Last Updated:

  • Address: 77 Quail Holw, Inez, KY 41224

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