• Carriage House Apartments - 1081 Cross Keys Rd, Lexington, KY 40504

For Sale

Multi-Family

For Sale

This property is available for sale
0.34
Acres
$2,125,000
Sale Price
  • Sale Status
    active
  • Year Built
    1968 (Renovated 2019)
  • Overview

    Rare opportunity to own a 26 unit- (25 units are- 1 bedroom 1 bath - approximately 600 square feet per unit) ( one unit an efficiency-currently being built out) apartment building in south Lexington.

    21 of the units have been 100% renovated in modern finishes and colors.
    4 units - one bedroom one bath under renovation currently
    1 unit is an efficiency - currently being built out.

    Parking lot in the rear recently blacktopped.

    Front Windows replaced
    Rear windows replaced
    New laundry Machines
    Dumpster Enclosure replaced
    New Backflow Preventor added
    New electronic Deadbolt locks

    Opportunity for Loan assumption with favorable terms - roughly seven years left at 3.62 percent - non recourse financing - must be approved from lender and there are fees involved that a potential buyer will be responsible for paying as part of the approval process.

Contact or Call

Property Details

Rare opportunity to own a 26 unit- (25 units are- 1 bedroom 1 bath - approximately 600 square feet per unit) ( one unit an efficiency-currently being built out) apartment building in south Lexington.

21 of the units have been 100% renovated in modern finishes and colors.
4 units - one bedroom one bath under renovation currently
1 unit is an efficiency - currently being built out.

Parking lot in the rear recently blacktopped.

Front Windows replaced
Rear windows replaced
New laundry Machines
Dumpster Enclosure replaced
New Backflow Preventor added
New electronic Deadbolt locks

Opportunity for Loan assumption with favorable terms - roughly seven years left at 3.62 percent - non recourse financing - must be approved from lender and there are fees involved that a potential buyer will be responsible for paying as part of the approval process.

  • Property Type
    Multi-Family
  • Submarket
  • Year Built
    1968Renovated 2019
  • Sale Price
    $2,125,000
  • Total Acres
    0.34
  • Number of Floors
    2
  • Number of Buildings
    1
  • Zoning
    R-3
  • Sale Status
    active
  • Last updated
    Feb 25, 2024
  • Property ID
    2187158

Landlord's Sales Representative

  • Stuart Stebleton
    The Gibson Company