2111 Lansill Rd | Lexington, KY 40504
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
2111 Lansill Rd
Lexington, KY 40504
The Alexandra - 204 Units in Lexington, KY · Multifamily Property For Sale
·
204 Units
INVESTMENT HIGHLIGHTS
- Stabilized and Value-Add Opportunity with Rental Increase Opportunities Remaining, Improved Interiors Renovation Opportunity on appx 51% of units
- Mix of One, Two, and Three-Bedroom Units, With Seven Different Floor Plans Offered
- Amenities- Dog Park, 2 Swimming Pools, Laundry Room, and Gazebo with Grilling Stations
- Additional Land and allowable added zoning density for the Development Additional Units and/or Space for Amenities
- Historical Average Cost to Renovate Units $12,000/Unit
PROPERTY FACTS
| No. Units | 204 | Building Size | 407,133 SF |
| Property Type | Multifamily | Average Occupancy | 89% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1965/2022 |
| Building Class | B | Parking Ratio | 0.77/1,000 SF |
| Lot Size | 13.87 AC | ||
| Zoning | R-3 - Planned Neighborhood Residential | ||
| No. Units | 204 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 13.87 AC |
| Building Size | 407,133 SF |
| Average Occupancy | 89% |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2022 |
| Parking Ratio | 0.77/1,000 SF |
| Zoning | R-3 - Planned Neighborhood Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Freezer
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Pool
- Property Manager on Site
- Tenant Controlled HVAC
- Cabana
- Pet Play Area
- Maintenance on site
- Online Services
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 76 | - | 594 - 600 |
| 2+1 | 79 | - | 840 - 1,260 |
| 2+2 | 32 | - | 1,066 |
| 3+2 | 16 | - | 1,296 |
| 4+1 | 1 | - | 1,210 |
PROPERTY TAXES
| Parcel Number | 15641400 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $14,000,000 |
PROPERTY TAXES
Parcel Number
15641400
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$14,000,000
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
