1624 Jennifer Rd | Lexington, KY 40505
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1624 Jennifer Rd
Lexington, KY 40505
New Circle Road Apartments - 30 UNITS · Multifamily Property For Sale
·
30 Units
INVESTMENT HIGHLIGHTS
- Located just off of New Circle Road (loop around Lexington) and minutes off Interstates I-75 & I-64
- Desirable location
- 30 Units under one roof!!
PROPERTY FACTS
| No. Units | 30 | Building Size | 26,550 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 1.25/1,000 SF |
| Lot Size | 0.69 AC | ||
| Zoning | R-4 - Apartment Complex | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 26,550 SF |
| Average Occupancy | 80% |
| No. Stories | 3 |
| Year Built | 1966 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | R-4 - Apartment Complex |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Sprinkler System
SITE AMENITIES
- Security System
- Public Transportation
ABOUT 1624 JENNIFER RD , LEXINGTON, KY 40505
Attractive Capitalization Rate Highly Desirable Location Low Maintenance/ Efficient Expenses Individual Electrical Meters New AC Components – New 10 Ton Onda Chiller Barrels New Rheem 100 Gallon 200,000 BTU Water Heater New Bell & Gossett Recirculation Pump New Night Owl 8 Camera Surveillance System.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | $590.00 | 800 |
| Studios | 6 | $460.00 | 500 |
PROPERTY TAXES
| Parcel Number | 16718500 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,418,500 |
PROPERTY TAXES
Parcel Number
16718500
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,418,500
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