521-527 E Main St - Apartments FOR SALE
Lexington, KY 40508 |
521-527 E Main St
Lexington, KY 40508
HIGHLIGHTS
- 30-UNIT GARDEN STYLE HOUSING COMMUNITY - One apartment community constructed in 1965 consisting of 30-units with 60-bedrooms and 30-baths.
- MINUTES FROM THE UNIVERSITY OF KENTUCKY - The University of Kentucky continues to be one of Kentucky’s greatest economic engines.
- DESIRABLE LOCATION - Located in a highly desirable neighborhood that has seen a 7.1 percent population growth since 2010.
- UPSIDE POTENTIAL - There is an opportunity to renovate/upgrade the existing units. Currently the rental rates are $50 to $150 below Market
- EXCEPTIONAL TENANT AMENITIES - Tenant amenities include off-street parking, an individual balcony for each unit, full kitchens and a laundry facility.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Barclay East Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
22500
STORIES
3
YEAR BUILT
1965
PARKING SPACES
35
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
15980800
