859-655-5709
1980-2016 Cambridge Dr
Lexington, KY 40504
West Lexington
HIGHLIGHTS
- Cambridge Apartments at 1980-2016 Cambridge Drive presents a 70-unit, garden-style complex consisting of 38 one-bedrooms and 32 two-bedrooms.
- Easy access to New Circle Road, Lexington’s 19-mile inner Beltway, which easily connects to downtown, the Historic District, and other POIs.
- Robust 3-mile renter demand contributes to the value-add opportunity and leasing momentum for an investor to pursue with this acquisition.
- Features include an on-site coin laundry facility and management, all utilities separately metered, hardwood flooring, and generous kitchen storage.
- Approximately 3.5 miles from the University of Kentucky, enrolling about 38,700 students, and no on-campus living mandate, adding to renter demand.
- Part of a group of 4 court-ordered multifamily foreclosure auctions coming to Ten-X, the links to the other 3 can be found in the links section below.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Court-Ordered Foreclosure Auction | MFR Opp.
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1969
PARKING SPACES
154
LAND DETAILS
LAND ACRES
2.72 AC
LAND SF
118,483 SF
ZONING
R-4
APN/PARCEL ID
11467250,13830200,14932400,15122500,16508550
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859-655-5709
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859-655-5709
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