Well Located UK Investment Properties For Sale

by | Feb 14, 2020

WELL LOCATED UK INVESTMENT PROPERTIES FOR SALE
275 – 277 Lexington Ave
Lexington, KY 40508
• Sale Price: $260,0002,046 SF
• Duplex Zoned R-4 – High Density Apartment

• Convenient location near campus with rare onsite parking
• Duplex: Current rents are $970/month upstairs and $1,000/month downstairs
• 1 unit pre-leased with owner actively engaged in leasing (contact agent for update)
• UK’s swelling population needs a place to live! Recent Courier Journal Article: “University of Kentucky’s Dorms Are Overbooked, With More Students Than Beds.”
• This listing can be purchased separately or as part of a portfolio of student housing: Please inquire about 241 Kentucky Avenue A&B and/or 418 Kentucky Ct, both available exclusively through SVN Stone CRE. More info here
241 Kentucky Ave
Lexington, KY 40502
• Sale Price: $405,000
• 2,988 SF Zoned R-2

• Convenient location near campus with rare onsite parking
• Rents include $1,500/month from Unit A (3 bedrooms in front), and $1,600/month (4 bedrooms in back) – 100% Pre-leased for 2020-21 School Year
• UK’s swelling population needs a place to live! Recent Courier Journal Article: “University of Kentucky’s Dorms Are Overbooked, With More Students Than Beds.”

• This listing can be purchased separately or as part of a portfolio of student housing: Please inquire about 275 – 277 Lexington Avenue and/or 418 Kentucky Ct, both available exclusively through SVN Stone CRE. More info here
418 Kentucky Court
Lexington, KY 40502
• Sale Price: $400,000

• 2,566 SF Duplex Zoned R-2
• Convenient location near campus with rare onsite parking
• Current income consists of $1,600/month in 4 bedrooms on 1st floor, and $1,350/month in 3 bedrooms on 2nd
• UK’s swelling population needs a place to live! Recent Courier Journal Article: “University of Kentucky’s Dorms Are Overbooked, With More Students Than Beds.”
• This listing can be purchased separately or as part of a portfolio of student housing: Please inquire about 241 Kentucky A&B and/or 275 277 Lexington Avenue, both available exclusively through SVN Stone CRE. More info here