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108 Surfside Dr
Lexington, KY 40503
12 Unit Multi-Family Investment · Multifamily Property For Sale
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12 Units
Investment Highlights
- 12-unit multi-family building (1 BD/1 BA each);Currently condemned - priced for redevelopment or full renovation.
- Strong rental market with significant upside potential for experienced investor or developer.
- Easy access to downtown, New Circle Road and University of Kentucky campus.
- Rare chance to acquire distressed multi-family asset in a high-demand submarket.
- Located in established residential area with strong demand for rental housing.
- Nicholasville Road is one of Lexington’s most desirable and highly trafficked corridors with over 45,326 VPD
Property Facts
| No. Units | 12 | Building Size | 8,208 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1967 |
| Building Class | C | Parking Ratio | 1.34/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | R-4 - High Density Apartment | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 8,208 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 1967 |
| Parking Ratio | 1.34/1,000 SF |
| Zoning | R-4 - High Density Apartment |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
Property Taxes
| Parcel Number | 16652410 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $332,300 |
Property Taxes
Parcel Number
16652410
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$332,300
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