2800 Ryan Cir
Lexington, KY 40509

Description

Great investment opportunity! Fully leased property in convenient location close to shopping, restaurants, and bus route. There are four 1 bedroom/1 bathroom apartments with full kitchens, living room, dining area and washer and dryer hook-ups. All four apartments are under current 1 year leases. Unit #2 has been there for 6 years and unit #4 has been there for 4 years. All four tenants have stated they plan on staying. Property is right under a 10% cap rate with current list price. Start making money right away with this property. Property is being sold as is with inspections welcomed.

Details

MLS#1812366
Sub-TypeResale
StatusPending
Year1999
Days On Site16

Features

SQ Feet3,200
Units4
Building(s)1

Loading Form

Loading Form

Area Information

StateKY
CountyFayette
CityLexington
Zip Code40509
AreaFayette County SE 3
Listing VS Median (in 40509)
Price:
$244,900
low | high
Med:
$314,900
21.416904859126% of Average
SqFt:
3,200
low | high
Med:
2,010
87.1875% of Average
$ / SqFt:
$77
low | high
Med:
$157
54.709405199402% of Average
On Site:
16
low | high
Med:
34
47.058823529412% of Average
Listing Updated: 06/19/2018
MLS Number: 1812366
Listing Provided By:
Randy Rodriguez  of  Positive Property Management