224 Taylor Dr - Apartments FOR SALE


Lexington, KY 40511- Meadowthrope
$600,000 USD
859-321-5660
224 Taylor Dr, Lexington, KY for Sale
$600,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

224 Taylor Dr
Lexington, KY 40511
Meadowthrope


HIGHLIGHTS

  • Four-unit multifamily property with existing tenant occupancy.
  • Corner-lot location within Lexington's Meadowthorpe neighborhood.
  • Each unit includes washer and dryer hookups.
  • Dedicated basement storage areas serve each unit.
  • Additional basement area may support future adaptability.
  • Convenient access to New Circle Road and downtown Lexington.

OVERVIEW

This 3,608 SF property is a 4-unit multifamily building in charming Meadowthorpe. Each unit has washer/dryer hookups and separate storage areas in the basement. The 1,800 SF basement could be converted into an additional apartment. Well-maintained corner lot, this property has long-term tenants.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$166 USD /SF

# OF UNITS

4

PRICE/UNIT

$150,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

R-1C

APN/PARCEL ID

43358100

ASK ABOUT THIS PROPERTY

James SchraderSchrader Commercial PropertiesMore Info
859-321-5660

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James SchraderSchrader Commercial PropertiesMore Info
859-321-5660

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