1218 Winburn Dr - Apartments FOR SALE
Lexington, KY 40511 |
1218 Winburn Dr
Lexington, KY 40511
HIGHLIGHTS
- Located next to I-64, tenants of Derby Pointe have access to a wide range of universities, employers, industries, hospitals, and retail hubs.
- Excellent opportunity to acquire a multi-family asset with high occupancy and potential value-add opportunities.
- Lexington appears in several national publications for its job market, cost of living, and family-friendly nature, and ranks top 15 for its workforce.
- Current ownership has spent over $1,000,000, more than $15,000 per unit, in property renovations.
- Led by the University of Kentucky, the Lexington region is home to 10 colleges and universities with a total enrollment of roughly 70,000 students.
- Several companies in the Lexington area are making significant investments in a wide variety of different industries.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Derby Pointe
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
64875
STORIES
3
YEAR BUILT
1969
PARKING SPACES
100
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
16786851
