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- LoopNet Team
368 Rose Ln
Lexington, KY 40508
AOII: University of Kentucky · Specialty Property For Sale
·
11,610 SF
INVESTMENT HIGHLIGHTS
- The university is situated in Downtown Lexington adjacent to the 391-bed Baptist Health Hospital.
- Renovations included repairs and improvements, bathrooms, new furniture, upgrade to access control system, HVAC repair, roof repair, and lighting.
PROPERTY FACTS
| Property Type | Specialty | Building Size | 11,610 SF |
| Property Subtype | Sorority/Fraternity House | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1985/2014 |
| Lot Size | 0.17 AC | Parking Ratio | 1.46/1,000 SF |
| Construction Status | Converted | ||
| Zoning | R-3 | ||
| Property Type | Specialty |
| Property Subtype | Sorority/Fraternity House |
| Building Class | C |
| Lot Size | 0.17 AC |
| Construction Status | Converted |
| Building Size | 11,610 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2014 |
| Parking Ratio | 1.46/1,000 SF |
| Zoning | R-3 |
ABOUT 368 ROSE LN , LEXINGTON, KY 40508
The 14,111 square-foot free standing former AO? sorority house is situated on 0.52 acres on Rose Street on the University of Kentucky’s campus in Lexington, Kentucky (MSA Population: 512,650). Despite not being currently occupied, AO? remains responsible for the NNN Lease, which is fully guaranteed by the parent company. There are over 13 years of primary term remaining with 2.00% annual rent increases. The house features 26 units and 48 total beds. The subject property is ideally situated on the northeastern side of the 812-acre campus directly across from the Memorial Coliseum, home to the school's nationally recognized basketball teams, and less than 0.25 miles from the new student center.
PROPERTY TAXES
| Parcel Number | 14644000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,014,100 |
PROPERTY TAXES
