1161 Jonestown Lane, Lexington, KY 40517

$1,000,000
Property Type: Residential Income Bedrooms: 20 Baths: 30 Square Footage: 12,800 Lot Size (sq. ft.): 1,742 Status: Closed
Current Price: $1,000,000 List Date: 5/30/2017 Last Modified: 10/13/2026

Overview

Description

This is a great opportunity to invest in recently built townhomes in a popular neighborhood of Lexington. These 10 units all have 2 bedrooms and 2 and one half baths. Located at the end of a quiet cul-de-sac, tenants enjoy private off-street parking. All electric systems and individually metered, this is 10-plex has good investor performance opportunity.

Listing Details MLS# 1711956

Status Change Information

Price Change Timestamp
2017-11-07T21:01:37Z
StatusChangeDate
2017-11-07
Contract Acceptance Date
2017-09-20
Sold Date
2017-11-03
Buyer Financing
Conventional
Concessions Comments
na
Sale Type
Arms Length Sale

Address

County
Fayette
Street #
1161
Street
Jonestown
St Suffix
Lane
State/Province
KY
Zip Code
40517
Directions
Drive South on Tates Creek Road. Turn left onto Armstrong Mill. Turn right on to Appian Way. Turn right on Appian Crossing. Property is at the end of the street. Enter the townhome complex and at the end turn right into parking lot of these homes.
Parcel Number
25508800

Contract

Original List Price
1179000
Start Showing Date
2017-05-29
Listing Price
1179000
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
29475000
List Price/SqFt
92.11
Sold Price/Acre
25000000
Sold Price/SqFt
78.13
SP/LP
0.85

Tax Legal

Area
003 - Fayette County SE
Subdivision/Condo
Jonestown

Interior

Total # Bedrooms
20
Total Bathrooms
30
Baths - Full
20
Bathrooms Half
10
Living Area
12800

Parking Information

Parking Total
35

More Information

Building

Year Built
2015

Lot

Lot Size Acres
0.04
Lot Size Square Feet
1742.4

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
This is a great opportunity to invest in recently built townhomes in a popular neighborhood of Lexington. These 10 units all have 2 bedrooms and 2 and one half baths. Located at the end of a quiet cul-de-sac, tenants enjoy private off-street parking. All electric systems and individually metered, this is 10-plex has good investor performance opportunity.

Showing Information

Showing Instructions
Call listing agent.

Tax & Legal

Zoning Description
R-4

Property Features

Utilities: Electricity Connected; Electricity Connected Cooling: Electric Heating: Electric Roof: Shingle Special Listing Conditions: Standard
Listing Office: Silvestri Real Estate, LLC
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.