400 Dabney Dr - Apartments FOR SALE
Lexington, KY 40509 |
400 Dabney Dr
Lexington, KY 40509
HIGHLIGHTS
- Strong Cash Flow: Year 1 NOI - $117,402 at 6.02% Cap
- $.95/sf with neighboring properties achieving $1.46/sf
- New roofs in 2021, 1/2 of the hvac systems have been replaced in the last 4 years
- 2 Buildings (8,480 SF each)Modern and spacious 2 bedroom/2 bathroom units
- Built in 1999, gas heat with ample green space (1.68 acres)
- Utilities are separately metered, washer and dryer hookups in each unit
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Summerlin Ridge Apartments
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
16960
STORIES
2
YEAR BUILT
1999
PARKING SPACES
26
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
19993280,38066500
