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3099 Kirklevington Drive - Park Thirty99, Lexington, KY

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3099 Kirklevington Drive - Park Thirty99

Lexington, KY 40517 - Outer Southeast Lexington MF Submarket


Property Type:Multi-Family Number of Units:174 Status:Existing Year Built:1979
Stories:3 Building Size:208,458 SF Land Area:11.05 AC (481,338 SF)
For Sale Price:$13,000,000 Price/Unit:$74,712.64 Cap Rate:6.00 % GRM:-

Parking:2.52 Parking Spaces / 1,000 SF



Sale Notes:
The Meadows is a class 'B' asset located in a highly desirable area of Lexington, KY. This property shows a history of stable cash flow with easily achievable value-add areas. The current rent roll is excellent yet still has ample room for rent growth. Available all cash. Property tours will be by appointment only from 04/18/2016 - 04/26/2016. ALL offers must be submitted on 04/27/2016. Property to be awarded on 04/29/2016.

Silvestri Real Estate
Brandon Cutwright
(859) 263-2300

Ken Silvestri
(859) 263-2300




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