117 Bradford Dr - Multi-Family FOR SALE


Paris, KY 40361
$920,000 USD
859-699-2096
117 Bradford Dr, Paris, KY for Sale
$920,000 USD
Multi-Family - FOR SALE
1/13
null | 7.75% Cap Rate

117 Bradford Dr
Paris, KY 40361


HIGHLIGHTS

  • Paris, Kentucky, located in Bourbon County and within the Lexington–Fayette Metropolitan Statistical Area, benefits from steady regional demand.
  • The rents in Paris are increasing quickly, driven largely from the demand seen in the Lexington market.

OVERVIEW

VWREA is pleased to offer Bradford Drive Apartments, an offering of 8 townhome style units in Paris, KY. The unit mix consists of (2) quadplexes with (8) 3-bedroom units. Recent Renovations 6 fully renovated units featuring, newly remodeled kitchens, updated bathrooms and improvements to flooring and paint. 2 units are partially renovated with flooring and paint. Exterior Updates Include: HVAC replaced as needed from 2018-2026 (Estimated 7/8 units) Water heaters replaced as needed from 2018-2026 (Estimated 6/8 units) Roof Replaced 2023 Decks Replaced 2023 Central Kentucky Paris, Kentucky, located in Bourbon County and within the Lexington–Fayette Metropolitan Statistical Area, benefits from steady regional demand and proximity to the larger Lexington employment hub. The county has seen modest population growth in recent years and remains part of a stable Central Kentucky market, supporting consistent housing demand for renters.

FOR SALE DETAILS

PRICE

$920,000 USD

PRICE/SF

$105 USD /SF

# OF UNITS

8

PRICE/UNIT

$115,000

CAP RATE

7.75%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bradford Drive Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

-

APN/PARCEL ID

026-60-19-003.00,026-60-19-004.00

ASK ABOUT THIS PROPERTY

Tim VanWingerdenVanWingerden Real Estate AdvisorsMore Info
859-699-2096

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Tim VanWingerdenVanWingerden Real Estate AdvisorsMore Info
859-699-2096

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.