733 Golfview Dr, Lexington, KY 40504
Commercial property for lease
- Description
- We are pleased to offer a portfolio of 21 single family rentals located in thriving Lexington, Kentucky, near the University of Kentucky, close to student night-life, featuring walk-ability to Red Mile race track, and with quick access to downtown. The tenant base for these 100% occupied properties has historically been students at the University of Kentucky's swelling University, currently with its largest freshman class since 2009. Investors take note, those upperclassmen will need somewhere to live as the University continues to grow. Highlights:100% occupied since 2001Local financing and property specialist lined up to work with purchaserAll homes located in Lexington's Fayette County, right in the heart of Bluegrass Sate. Lexington is home to the University of Kentucky, horse-racing, and is the "Bourbon Capital of the World"Properties achieving market rents and an increase of 3.3% per year. Rent growth is out-pacing UK's student growth of 2.1% annuallyAll homes PRE-LEASED each year months before current lease expires - never vacancy or credit loss Building price details: $3,752,000.
- Contact info
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Nathan DillySVN Stone Commercial Real EstateJustin RyderSVN Stone Commercial Real Estate
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Submarket: Low-Rise/Garden, Student Housing MSA: Lexington-Fayette Zoning: R-1C Buildings: 21 Terms: Cash to Seller Added: 10/14/2019