Kees Cove Apartments

Multi-Family for Sale
Catylist Listing ID: 30401377
Property Subtypes: Low-Rise/Garden
Number of Units: 24 Units
Building Size (RSF): 18,100 SF
Gross Building Area: See Agent
Sale Price: $1,059,999
Unit Price: $44,166.62 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: Kees Cove Apartments
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/26/2019

Overview / Comments

Situated next to Whitaker Bank Ballpark, this is a lively
location for these multi-family residential buildings! Consisting
of all corner units, each spacious apartment features real
hardwood floors, lots of natural daylight, on-site laundry
facilities and off-street parking. In addition to a newer roof and
gutters, other improvements include HVAC units, furnaces,
and water heaters, as well as brand new sliding glass doors
and windows. Tenants pay for all utilities.

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 14124800
Zoning: R-3
Property Located Between: Downtown Lexington and New Circle Road
Total Number of Buildings: 2
Property Condition: Good
Number of Stories: 3
Year Built: 1964
Construction/Siding: Brick
Parking Type: Surface
Parking Description: 25 off street spaces
Total Parking Spaces: 25
Laundry: Shared
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,150 101,727 197,233
Median Age: 36.7 33.75 35.58
Households: 5,952 42,153 82,339


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