This Multifamily Property is no longer advertised on LoopNet.com.

251 Lexington Ave
Lexington, KY 40508
 5-Unit Student Housing Investment Opportunity · Multifamily Property For Sale · 5 Units

Apartment Buildings Kentucky Lexington 251 Lexington Ave, Lexington, KY 40508

INVESTMENT HIGHLIGHTS

  • 0.3 miles for the University of Kentucky Student Center
  • 80% Occupied
  • Nearby development “The Hub” studios rent for $1,000+ with NO Parking
  • 72% of UK students live off-campus
  • 5 Units - (4) 2 bed, 1 bath, (1) 1 bed, 1 bath
  • Current owner does NOT charge for parking or pass thru expenses

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.18 AC
Building Size 5,044 SF
Average Occupancy 80%
No. Stories 2
Year Built 1971
Parking Ratio 0.99/1,000 SF
Cross Streets E High St
Zoning R-4

LINKS

PROPERTY TAXES

Parcel Number 15426100 Improvements Assessment $0
Land Assessment $0 Total Assessment $675,000
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  • Listing ID: 30851638

  • Date on Market: 2/2/2024

  • Last Updated:

  • Address: 251 Lexington Ave, Lexington, KY 40508

More public record information on 251 Lexington Ave, Lexington, KY 40508

The Kenwick Multifamily Property at 251 Lexington Ave, Lexington, KY 40508 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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