Subdivision: Uk Campus
Lexington E Maxwell St
$8,900,000
This listing is for 38 buildings, plus 2 parking lots, which include 106 units & are owned by Touchstone Properties, LLC and Hagerman Ct, LLC. who are the largest property owners in the College Town Area, which includes the area from the north edge of UK Campus to downtown Lexington. These properties are concentrated in a small area for ease of management & this unique concentration also offers opportunities for re-development. The properties are close to both UK & Transylvania Univ., closer than most student housing properties. Please call for a detailed list of all of the properties and rent rolls. Rental income $90,100/mo, $1,081,200/yr
Subdivision: Commercial
100125 Lakeshore Dr
$8,120,000
244 Units. Listing includes both Kenwick Place Apartments (180 units) and Canterbury Apartments (64 units). Strong occupancy with upside potential.
Subdivision: Downtown
201 Price Rd
$4,230,000
The Lorillard Lofts project is a 216,000 SF former tobacco processing plant that sits on ten acres next to downtown Lexington. 26 Residential lofts for sale, 1 office condo, and 1 commercial space for sale. Please call for more information.
Subdivision: N Broadway
431432 Rogers Rd
$3,990,000
Solid investment off of New Circle and I-75/64. 36 One bedroom (441.5 sq. ft), 108 two bedroom (542.25 sq. ft), and 36 three bedroom (703 sq.ft) units. Historically 90% and above occupancy. Owner or developer may apply for tax credits to improve property. Nicely kept grounds, and ample on-site parking.
Subdivision: Atrium Place
Winchester W Lexington Ave
$3,225,000
38 townhouse style units with 2br, 1 full bath, 1 half bath, 960 sq. ft rents for $550.00 per month....4 units townhouse style with 2br, 1 full bath and two half baths rents for $650.00 per month, 2 units handicapped accessable 1br, 1 bath 640 sq. ft rents for $600.00 per month.
Subdivision: Edgewood
500 Beauford Pl
$2,800,000
80 townhomes (in good condition),New metal Roofs,If you are looking for a great investment call me for showing instructions Owner/Agent.
Subdivision: Commercial
Frankfort Compton Dr
$2,000,000
Investors! 3 buildings with 125 Units! Efficencies, 1&2 bedrooms apparments. Bank owned. No warranties expressed or implied by Seller or Realtor. Buyer to asure themselves of all aspects of property. AS IS. Located on 101 Compton Dr.(Reilly Rd)Boone Plaza Apartments. Rents range from $395.00 to $595.00.
Subdivision: Uk Campus
Lexington Lyndhurst Pl
$1,305,000
Two buildings with 30 units on UK Campus and close to downtown. Continually have nearly 100% occupancy. Total rent of $15,225 per month/$182,700 yearly rent. 22 One bedroom, one bath units, 8 efficiences. Hardwood floors except in basement units. Coin operated washers/dryer in basement of 255 Lyndhurst. 4 new gas furnaces installed 10/09 in 257 Lyndhurst so utilties will be lower, plus recent roofs and electrical upgrades. Stove and refrigerator in each unit. Heat is gas fired boiler and new gas furnaces on top floor of 257 Lyndhurst, AC is window units. Landlord pays utilities. Ideal for condo conversion.Owner/agent
Subdivision: Eastland
1590 Martha Ct
$1,150,000
This propety consists of three buildings (1590, 1598, 1586 Martha Court) 17-2Bedroom, 3-1Bedroom, 29-Studios Total of 49 units and one office. Property currently has ongoing renovations and updates. Individual electri meters.
Subdivision: Kearney Hall
2671 Kearney Ridge Blvd
$1,045,000
Turn key ready to build condos or apartments.. Sewers and street to the site
Subdivision: Winburn Estates
1218 Winburn Dr
$999,000
73 Units, a.k.a 1760 McCullough/a.k.a 1740 McCullough. 37 Two Bedroom units, and 36 One Bedroom units.
Subdivision: Uk Campus
260266-268 Lexington Ave
$940,000
Investment Opportunity! Updated Appraisal at office for your inspection, completed April 2010. List price per Appraisal. 266 - 268 Lexington Ave. is 15 unit apartment building. Back, vinyl siding part of building was added on approximately 1981. Rents from $375 for efficiency to $575 for 2 bedroom apartments. Ten 2 Bedroom, Four 1 Bedroom, plus 1 Efficiency. Each apartment with it's own bath, cooking range, ref. and dishwasher. All Apartments have central air. 260 Lexington Ave. is vacant lot (50 by 142) Sites receive all utilities, gas, electric, water and sanitary sewer.Most apartments have washer/dryer hook ups. All windows are metal with vinyl tile roof. Fully rented for $7,060 per month ($86,520 per year) Expenses include R.E. Taxes, Insurance, Water, maintenance/Repair gives net income of Approximately $67,306. per appraisal. Both properties borded on all sides by other single or multi family residences.
Subdivision: Ashland Park
Lexington Richmond Rd
$850,000
Tudor house built as duplex. Currently 2nd floor unit is owner occupied (#2). First floor short term lease through Dec.. Third floor could be used as a separate apt or could be used with 2nd floor unit as guest quarters. Duplex has inground pool with wall surrounding plus 2 car garage and 3 more spaces for parking.
Subdivision: Rural
200 Rolling Hills Blvd
$850,000
Planned 95 lot doublewide-on-foundation subdivision. 14 completed and rented homes included. Homes range from 1200 to 2200 sf. (Total of 18 homes built in subdivision - 4 homes sold and owned by others.) 25 more lots ready for homes. Plus 30 acres in phase two mostly undeveloped. Just reduced from $1.3 million. All lots individually deeded. All homes currently leased at $600 to $650 per month.
Subdivision: Commercial
1081 Cross Keys Rd
$849,000
25 One bedroom apartments located in the south side of Lexington on the Alexandria Drive corridor. High occupancy rate. New 30 year shingles in 2005. Hardwired smoke detectors. Most apartments updated with new light fixtures, electrical outlets, GFI, faucets, utilities, flooring and kitchen cabinets. Renovations too numerous to list. Square footage per PVA.
Subdivision: Indian Hills
Frankfort Powhatan Trl
$834,000
2 properties combinedand must be purchased together! 3 levels and 24 units in 1314-1316 Chinook Trl. and 24 units in 1315-1317 Powhatan Trl. Bank owned. AS IS. No warranties expressed or implied by Seller or Realtor. 315-17 Powhatan and 1314-16 Chinook Trl. share waterlines and HWH. AS IS. Previous rents range from $450.00 to $595.00 Previous owner paid utilities. Both buildings have newer windows.
Subdivision: Indian Hills
Frankfort Steadmantown Ln
$828,000
3 levels, 48 units located on 1.288 acres! Rents range from $395.00 to $595.00. Needs TLC. Bank owned. AS IS No warranties expressed or implied by Seller or Realtor. Buyer to assure themselves of all aspects of property.
Subdivision: Park Hills
2901 Winter Garden
$799,999
Buy four 2-bedroom 1 1/2 bath 4-plexes (2901, 2904, 2908 Winter Garden and 445 Lenney Dr) for $799,999 and get six 1-bedroom apartments (2117 Will Fant Dr) for just $1! Large rooms, all AC, all carpet and/or wood laminate. Private exits to off street parking. Gross $130,000 annual, net operating income $74,000 (including Will Fant.) 4-plexes priced at PVA assessed value. Seller is a Kentucky licensed real estate broker.
Subdivision: Commercial
1393 Trent Blvd
$799,000
This is a sprawling property with approximately 6.59 acres just off Man-O-War with R-3 zoning. There are 8 buildingss with one of which is currently a fully functioning worship center. This complex was originally a long term care facility. Ideal for multi-family redevelopment or other with zone change or variance. Worship center possibly sold or leased separately for a simutaneous sale transaction. Lease back of church a possibility as well. The property is available as two seperate parcels, pending city approval, in Listing 1114761 and 1114763
Subdivision: Heritage Square
Berea Jefferson Street
Total # of Units: 14
$790,000

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