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: 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: 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: 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: Eastland
18441854 Augusta Dr
$750,000
INVESTORS DREAM, 24 Rental Units, managers office, laundry room, day care, and an additional lot used by day care for playground. Most units have been completely remodeled, new windows, new flooring, new bath fixtures, kitchen cabinets, hvac systems, and paint. Don't let this one get away from you.
Subdivision: Uk Campus
Lexington Lexington Ave
$739,000
Great income producing properties that continually have 100% occupancy. Located on the edge of UK campus, only 1 block from Memorial Coliseum and Wildcat Lodge. This property is being sold with 275-277 Lexington Ave.,which is a duplex & 256 Lexington Ave. which has 2 units, as a package. Individual buildings will not be sold separately. Total yearly gross rent of $80,580. Only 5 minute walk to Singletary Center & UK classes. Plenty of parking for each building. Buildings range in age from 20 to 100 years old. Some buildings have electric central heat & air, some have gas heat, and some have window AC units. Rental income $86,100/yr, $7,175/mo. Owner/agent
Subdivision: Creekside At Andover
1103A Polo Club
$674,500
Attention Investors...Instant Cash Flow!...100% Occupied!...Turn Key Operation! Maintenance Free Lifestyle! Impressive Open Floor Plan, Awesome Layout! Loaded w/upgrades! All Appliance's! All Electric, Move-In Ready! Priced Below Market! Hurry! The entire building includes 5 Townhomes each with 3 bedrooms & 2 baths! $57000.00 Annual Income!
Subdivision: Palomar Reserve
4205 Reserve Rd
$580,000
Great Investment property in Southwest Lexington. This package of units consist of Unit # 301,303,304 and 4219 Reserve Rd #102. These can be sold individually or combined with listing # for a total of 7-units.
Subdivision: Ashland Park
120 S Hanover Ave
$575,000
Call Historic Ashland Park, one of Lexington's oldest neighborhoods, your new home! This 2 story brick house was built in the early 1920's and was occupied as a single family dwelling. The home was eventually sold and converted to a duplex. Through the years, it has been used as both. Property is zoned R-2 with no historical overlay. A sturdy old home in excellent condition awaits the creativity of a new owner. Rooms are large, ceilings 10' (on first floor), and hardwood floors throughout. Third floor would be perfect for a studio, teenager's dream hangout, or additional bedroom and bath. Kitchens on first and second floors could be used as is or updated for a more efficient use of space and energy. See additional information in other attached documents.
Subdivision: Ashland Park
Lexington S Hanover Ave
$575,000
Call Historic Ashland Park, one of Lexington's oldest neighborhoods, your new home! This 2 story brick house was built in the early 1920's and was occupied as a single family dwelling. The home was eventually sold and converted to a duplex. Through the years, it has been used as both. Property is zoned R-2 with no historical overlay. A sturdy old home in excellent condition awaits the creativity of a new owner. Rooms are large, ceilings 10' (on first floor), and hardwood floors throughout. Third floor would be perfect for a studio, teenager's dream hangout, or additional bedroom and bath. Kitchens on first and second floors could be used as is or updated for a more efficient use of space and energy. See additional information in other attached documents.
Subdivision: Creekside At Andover
38203826 Polo Club Blvd
$549,900
Four Townhomes-Live in one, Rent the others! Investors Special! Location-Location! Spacious & luxurious brick townhome. Built by David Tipton Homes, located near Hamburg with plenty of shopping & restaurants! Each townhome offers 3 oversized BR, 2 BA, 1st floor master, large kitchen w/ all appliances, smooth top range, vaulted & tray ceilings, separate laundry room, fireplace, ceramic tile, walk-in closets, covered parking space & fenced-in courtyard! Buy with $0 down, seller will pay up to $2500 in closing costs.

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