1648 Alexandria Dr - Apartments FOR SALE


Lexington, KY 40504- West Lexington
$1,125,000 USD
704-516-6071
1648 Alexandria Dr, Lexington, KY for Sale
$1,125,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

1648 Alexandria Dr
Lexington, KY 40504
West Lexington


HIGHLIGHTS

  • 100% Occupancy
  • 7-Unit Multifamily + Duplex SFH Portfolio
  • 7-Unit renovated in 2023-2024

OVERVIEW

Up for sale is a fully occupied 9 unit Multifamily portfolio. 7 units are in the Multifamily zoned 1648 Alexandria Dr with 2-stories and a basement. One unit is in the basement, 3 on ground floor and 3 on 2nd story. 1648 Alexandria was renovated between 2023 and 2024. 1241 & 1243 Alexandria Dr is a Single Family zoned duplex. Details coming soon on Capital Improvements and Net Operating Income.

FOR SALE DETAILS

PRICE

$1,125,000 USD

PRICE/SF

$53 USD /SF

# OF UNITS

9

PRICE/UNIT

$125,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

9-Unit Multifamily Portfolio - Alexandria Dr

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

R-3

APN/PARCEL ID

10979900

ASK ABOUT THIS PROPERTY

Zach MillerHaymaker Commercial Real EstateMore Info
704-516-6071

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Zach MillerHaymaker Commercial Real EstateMore Info
704-516-6071

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