This property is Off-Market
1980 Cambridge Drive
Lexington, KY 40504 ·
70 Units · Multifamily For Sale
|No. Units||70||Gross Rent Multiplier||4.63|
|Building Size||56,550 SF||Occupancy||93%|
|Property Type||Multifamily||No. Stories||2|
|Property Sub-type||Garden/Low-Rise||Year Built||1969|
|Property Use Type||Investment||Lot Size||2.83 AC|
|Listing ID: 16063815||Date Created: 01/19/2009||Last Updated: 06/25/2009|
Cambridge Apartments consists of six building's, with a unit-mix including sixteen one-bedroom, one-bathroom garden-style units. Twenty-four deluxe one-bedroom, one-bathroom garden-style units, twenty-four two-bedroom, one-bathroom garden-style units and six two bedroom, one-bathroom town home units.
The property was constructed in 1969 and includesseparatee water, gas, and electric meters for all units.
The individual building addresses are as follows: 1980, 1988, 1990, 200, 2008 and 2016 Cambridge Drive.
Major capital expenditure's made by the owner within the last three years are balcony decking replaced, completely rehabed laundry facility including new machines, completely rehabed leasing office.
Cambridge Apartments is a 70 unit apartment complex on Lexington's westside, conveniently located north of Versailles Road just over a mile from downtown Lexington.
1980 Cambridge Drive, Lexington, KY 40504 (Fayette County)
Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property
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