4 Unit Fully Leased Apartment Building For Sale

Listing ID: 833

Lexington-Fayette urban county, Kentucky 

Description

Seller's Comments and Description:

Property Description:
This is a fully leased 4 unit apartment building with 3,348 sq. ft. of space. The property sits on a quiet road in a very scenic area. The property is located near to shopping, grocery stores and restaurants and is just a few miles outside of town. The building has been consistently 100% leased! Current gross rental income is $18,600 per year and operating income is roughly $16,000 per year. Each unit is separately metered.

Facilities:
This is a 4 unit apartment building that has been remodeled several times and most recently in 2017. The are two 3 bedroom apartments on the second level with fully equipped kitchen, eating area, 1 bathroom, living room and laundry area with laundry hook ups. The first level has two 2 bedroom apartments with fully equipped kitchen, eating area, 1 bathroom, living room and laundry area with laundry hook ups. The building sits on approximately 1 acre of land.

Offered by:
Thomas Holmes
Berkshire Hathaway Commercial Real Estate
Cincinnati, Ohio


Images

Listing Began: Oct 12, 2017, 4:22 pm
Number of Times Viewed: 255

00707_2yYFLX0Qeo8_600x450.jpg

  • 00707_2yYFLX0Qeo8_600x450.jpg
  • 00707_f4d6L2oLuPa_600x450.jpg

Public Questions / Answers

No questions have been posted about this listing.


change location