1840 Lexington Road, Georgetown, KY 40324
$1,050,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
256,569
Status:
Closed
Current Price:
$1,050,000
List Date:
6/28/2021
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 20112412
Listing Information
- Property Sub Type
- Mobile Home Park
Status Change Information
- Status Change Timestamp
- 2021-10-18
- Purchase Contract Date
- 2021-08-15
- Close Date
- 2021-10-15
- Close Price
- 1050000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
- Concessions Comments
- na
Address
- County
- Scott
- Street Number
- 1840
- Street Name
- Lexington
- Street Suffix
- Road
- State
- KY
- Zip Code
- 40324
- Parcel Number
- 714-89
Contract
- Original List Price
- 1500000
- Start Showing Date
- 2021-06-28
- Listing Contract Date
- 2021-06-28
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- SP/LP
- 0.7
Tax Legal
- MLS Area Major
- 005 - Scott County
- Subdivision Name
- Rural
Building
- Year Built
- 9999
More Information
Lot
- Lot Size Acres
- 5.89
- Lot Size Square Feet
- 256568.64
- Lot Size Dimensions
- 764 x ?
- Road Frontage Feet
- 270
Remarks
- Public Remarks
- Conveniently located on US 25 South near the Fayette County Line & just a short distance to I-75. Wonderful investment property consisting of several mobile homes and cottages (6 one bedroom cottages, 7 three bedroom mobile homes, 1 three bedroom home & 4 studio units). This property is zoned B-2 and includes two tracts of land (two separate deeds), one tract consisting of 5.384 acres contains all of the rental homes, the other tract consisting of .51 of an acre has a barn. All homes are in good condition and the current owner states that they have not had any vacancies. New Sewer Service has been approved for this area.
Showing Information
- Showing Instructions
- Listing Agent - Alma Hopkins must approve all viewings, call/text Alma @ 859-608-2003. She will also be able to provide additional information if requested. DO NOT go on to the property with out prior approval, do not bother tenants.
Tax & Legal
- Tax Rate
- 0.76
- Zoning Description
- B-2 per PVA
- Directions
- US 25 N (aka Lexington Road) from Georgetown, less than a mile from the Fayette/Scott Co. line. Property is on the right hand side as you are coming toward Georgetown (near Bevins Farm Equipment).
Association/Community
- Number Of Buildings
- 19
Utilities
- Electricity Connected
- Yes
- Phone Available
- Yes
- Water Connected
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Possession
- Negotiable
- Yes
- Subject To Tenant Rights
- Yes
Special Listing Conditions
- Standard
- Yes
Business Type
- Mobile/Trailer Park
- Yes
- Other
- Yes
Sale Includes
- Building(s)
- Yes
- Land
- Yes
Property Features
Utilities:
Electricity Connected; Phone Available; Water Connected; Electricity Connected; Phone Available; Water Connected
Business Type:
Mobile/Trailer Park; Other
Listing Terms:
Cash; Conventional
Possession:
Negotiable; Subject To Tenant Rights
Sale Includes:
Building(s); Land
Special Listing Conditions:
Standard
Listing Office:
Rector Hayden Realtors
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.