319 Duke Rd - Assisted Livings FOR SALE


Lexington, KY 40502- Southeast Lexington
$5,100,000 USD
859-306-0617
319 Duke Rd, Lexington, KY for Sale
$5,100,000 USD
Assisted Livings - FOR SALE
1/54
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319 Duke Rd
Lexington, KY 40502
Southeast Lexington


HIGHLIGHTS

  • 24 one-bedroom street facing, courtyard facing, or corner rooms
  • Unit sizes 560-580 SF
  • Lodge-style clubhouse and common areas with high-quality finishes
  • Resident lounge and main dining area with full commercial kitchen
  • Basement level with space for fitness and recreation
  • Large enclosed courtyard and garden area for residents’ enjoyment

OVERVIEW

Welcome to a rare, high-end residential or care facility opportunity in one of Lexington’s most desirable and walkable neighborhoods. Built in 2020 and nestled within the charming Chevy Chase area, this 24-unit, 23,216 SF property combines modern construction, thoughtful design, and exceptional flexibility. Originally designed and certified for assisted living, the layout and finishes also make it ideal for boutique apartments, medical housing, or other residential care uses. Located just two miles from downtown Lexington and the University of Kentucky, residents enjoy quiet tree-lined streets, easy access to neighborhood shops, and a strong sense of community. This property represents a turnkey Class-A opportunity for operators or investors seeking flexibility—whether as a senior housing facility, rehabilitation or behavioral health residence, or luxury multifamily community. Its modern construction, thoughtful layout, and premier location make it one of Lexington’s most adaptable and compelling offerings. The seller, Harbour Behavioral Health, currently utilizes only the common areas, leaving the residential units vacant. As part of the transaction, the seller may consider a short- term leaseback while the buyer implements their business plan. Please inquire with agent for more details.

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Villa at Chevy Chase

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

R-3

APN/PARCEL ID

94018250

ASK ABOUT THIS PROPERTY

Justin RyderSVN | Stone Commercial Real EstateMore Info
859-306-0617

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Justin RyderSVN | Stone Commercial Real EstateMore Info
859-306-0617

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