51 Single Family Rental Portfolio

Multi-Family for Sale
Catylist Listing ID: 30598234
Number of Units: 51 Units
Building Size (RSF): 87,699 SF
Gross Building Area: See Agent
Gross Land Area: 7.46 Acres
Sale Price: $12,395,000
Unit Price: $243,039.22 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/28/2020

Overview / Comments

Portfolio consisting of 51 single family homes located in the Coventry neighborhood of Lexington, KY. All homes are on contiguous lots and were constructed between 2018 and 2020 by Briggs Homes with 6 different floorplan options meeting the needs of today's tenant. Median price in the neighborhood has averaged 6.35% increase annually since 2016. Neighborhood elementary school, park area, quick access to I-64 & I-75 and many commercial projects planned for the area.

Attachments & Media

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Zoning: R-3

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,295 38,208 112,030
Median Age: 29.08 35.82 34.78
Households: 870 13,687 45,153

Contact

© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.