Building

Year Built

2011

Stories Total

4

Utilities

Cooling YN

Yes

Heating YN

Yes

Remarks

Public Remarks

Sold as a package of 21. 2 sold separately. Sold price reflects package of 21. This is your chance to own 23 fully occupied Class A condo's in the desirable Center Court complex of Lexington, KY! An opportunity like this is unheard of and these units have not been available since the complex's inception. Coming in at an incredible 47 bedrooms, 46 full bathrooms, and 4 half baths, these units comprise of 1+, 2, and 3 bedroom styles across a wide range of layouts. All available condos are part of the PHII portion of the complex. Their location can't be beat! Situated directly in the heart of Lexington, this package is right on the edge of the University of Kentucky campus and lively downtown area. Residents have the ability to bike or walk to any of the several restaurants, bars, breweries, parks, or shopping areas nearby! Buyer responsible to pay initial HOA capitalization fee at closing (1BR = $1000 , 2 BR =$1400, 3 BR = $180. Many units have had upgrades over the years including several with stainless steel appliances, granite countertops, upgraded kitchen cabinets, LVP floors, as well as upgraded bathroom finishings. The entire complex is monitored by a security system with cameras and code operated access doors, as well as a wet sprinkler system in each unit. Rentals in this building are in high demand! All units are occupied with many leases already being extended through through 7/31/2023. With such a high demand, the short supply of high end housing and the convenience of its location new ownership has the potential for rent growth in the future. Please find the full list of available units as well as rent and lease information as an attachment to this listing. Condos are available for sale as a full or partial package, as well as for sale individually. Call today, to set up your private showing before its too late! As individual units go under contract, this listing will not be updated until the individual unit closes escrow. Please find available / pending status on attached document.

Income and Expenses

Gross Scheduled Income

35100

Other Expense

9762

Other Expense Description

Monthly HOA for combined available Units

Showing Information

Showing Instructions

This condo is tenant occupied and requires 48 hour notice prior to all accepted showings. Larger group showings, may take additional time to coordinate. Please call listing agent

Listing Information

Comp Sale YN

No

Tax & Legal

Tax Rate

1.2727

Zoning Description

MU-2 - NEIGHBORHOOD CORRIDOR

Association/Community

Number Of Buildings

2

Number Of Units Total

23

Lot

Lot Size Square Feet

0

Property Features