Courtesy: Coldwell Banker McMahan
859-744-1400
This conveniently located commercial lot has tons of potential. 8 acres (+/-) has no restrictions. Utilities are not on site but there is a bore under road to slide utilities. Utilities in the area are gas,water, and electric. This lot has road frontage on 1 of the busiest state roads in Kentucky! This rare opportunity is waiting for you!
Courtesy: Kassie & Associates
859-806-4111
This Charming 12-Unit, 2 Bed- 1 Bath, Apartment Building Offers A Prime Investment Opportunity In The Heart Of A Close-Knit, Smaller Hometown. Impeccably Maintained, The Property Is Fully Occupied, Ensuring A Steady Stream Of Passive Income. Despite Below Market Rents, Current In-Place Cap Rate Is 6.8%. New Tenants (4 of 12 Units) Are Paying $650.00 A Month. This Equates To Almost $95,000 Of Potential Annual Gross Income, And A Proforma Cap Rate Of Over 8%. The Property Currently Has An On-Site Manager Who Is Willing To Stay On. Everything Is Direct Billed, With Tenants Paying Electric. Its Strategic Location In A Community With Strong Bonds And Potential For Growth Makes It An Appealing Asset For Investors Seeking Both Immediate Cash Flow And Future Appreciation. Proximity To Local Schools And Restaurants Adds To It's Family-Friendly Allure.
Carlisle is located in Kentucky. Carlisle, Kentucky has a population of 2,184. Carlisle is less family-centric than the surrounding county with 24.29% of the households containing married families with children. The county average for households married with children is 28.96%.
The median household income in Carlisle, Kentucky is $30,844. The median household income for the surrounding county is $38,900 compared to the national median of $57,652. The median age of people living in Carlisle is 37 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 22.3 degrees. The average rainfall is approximately 45 inches per year, with 11.9 inches of snow per year.
