168-205 Fairfield Way, Winchester, KY 40391
$4,650,000
Property Type:
Residential Income
Bedrooms:
72
Baths:
72
Square Footage:
33,444
Lot Size (sq. ft.):
81,457
Status:
Closed
Current Price:
$4,650,000
List Date:
2/05/2024
Last Modified:
8/29/2025
Overview
Description
Listing Details MLS# 24002014
Listing Information
- Comp Sale YN
- No
Status Change Information
- Price Change Timestamp
- 2024-03-13T15:22:17Z
- Status Change Timestamp
- 2024-12-20
- Purchase Contract Date
- 2024-05-22
- Close Date
- 2024-12-20
- Close Price
- 4650000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
- Concessions Comments
- 35000
Address
- County
- Clark
- Street Number
- 168-205
- Street Name
- Fairfield
- Street Suffix
- Way
- State
- KY
- Zip Code
- 40391
- Directions
- From Lexington Avenue take Professional Ave until the end, turn left on Fulton Rd, immediate left onto Fairfield Way. Located behind the Clark County Health Department.
- Parcel Number
- 351112501 2145293156 976107456 1271082351
Contract
- Original List Price
- 5500000
- Start Showing Date
- 2024-02-04
- Listing Contract Date
- 2024-02-04
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/Acre
- 2754010.7
- List Price/SqFt
- 153.99
- Sold Price/Acre
- 2486631.02
- Sold Price/SqFt
- 139.04
- SP/LP
- 0.9
Tax Legal
- MLS Area Major
- 007 - Clark County
- Subdivision Name
- Fairfield Park
- High School District
- Clark County - 7
Interior
- Bedrooms Total
- 72
- Bathrooms Total
- 72
- Bathrooms Full
- 48
- Bathrooms Half
- 24
- Living Area
- 33444
More Information
Parking Information
- Parking Total
- 56
Building
- Year Built
- 2023
- Stories Total
- 2
- Accessibility Features YN
- No
Lot
- Lot Size Acres
- 1.87
- Lot Size Square Feet
- 81457
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
- Electricity Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Remarks
- Public Remarks
- Rare multi-family new construction investment opportunity!! 24 brand new townhomes! 4 buildings/lots, each consisting of 6 units. 3 bedroom, 2 and a half bath with garage. Constructed with the investor in mind, but also appealing to tenants, these units have durable waterproof luxury vinyl plank flooring throughout, granite countertops, stainless steel appliances, storage closets, large walk in closets, high efficiency HVAC units, 5 off street parking spaces per unit. 3 parks nearby including the popular Legacy Grove and College Park. The in-progress Fulton Rd extension project will make these even more convenient to shopping and dining. Experienced, strict management already in place for easy transition. Excellent location. Additional PD zoned land available with purchase. Construction will be completed by closing. Please do not disturb tenants! Great long term investment! Click on the Virtual Tour section to see the video walk through!
Building and Property Details
- Lot Expansion Potential YN
- Yes
Income and Expenses
- Gross Scheduled Income
- 9594
- Professional Management Expense
- 8
Unit Details
- Number Of Units Vacant
- 18
Showing Information
- Showing Instructions
- Schedule with Showing time or call listing agent. Please be respectful of tenants in occupied units!
Tax & Legal
- Elementary School
- Justice
- Middle Or Junior School
- Robert Campbell
- High School
- GRC
- Tax Rate
- 0.126
- Zoning Description
- PD
Association/Community
- Number Of Buildings
- 4
- Number Of Units Total
- 24
Cooling
- Electric
- Yes
- Heat Pump
- Yes
Heating
- Electric
- Yes
- Heat Pump
- Yes
Possession
- Close Of Escrow
- Yes
- Subject To Tenant Rights
- Yes
Property Condition
- New Construction
- Yes
Roof
- Shingle
- Yes
Structure Type
- Other
- Yes
Property Features
Utilities:
Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected
Cooling:
Electric; Heat Pump
Heating:
Electric; Heat Pump
Possession:
Close Of Escrow; Subject To Tenant Rights
Property Condition:
New Construction
Roof:
Shingle
Structure Type:
Other
Listing Office:
Kentucky Residential Real Estate, LLC
Last Updated: August - 29 - 2025
Information deemed reliable but not guaranteed.