500 Beauford Place, Nicholasville, KY 40356

$4,300,000
Property Type: Residential Income Bedrooms: 2 Baths: 1 Lot Size (sq. ft.): 147,668 Status: Closed
Current Price: $4,300,000 List Date: 6/28/2021 Last Modified: 8/26/2025

Overview

Description

058-20-28-066.00 parcel (720 S. Main included with listing for 500 Beauford Pl). Only $45,700 per door! This is 104 units that are all 2 bedroom, 1 bath. 500 Beauford Place consists of 80 units that are 2 stories, 2 bedroom, and 1 full bathroom units. 720 S. Main consists of 2 buildings that are 12 units each, 2 bedrooms, and 1 full bathroom in those. There's a coin-operated laundry that is used by all of the residents. Most of the units have been renovated, cosmetically, in the last 4 years with updated paint, carpet, vinyl, light fixtures, some appliances, some HVACs, etc.

Listing Details MLS# 20112449

Listing Information

Comp Sale YN
No
Property Sub Type
Apartment

Status Change Information

Status Change Timestamp
2021-12-08
Purchase Contract Date
2021-08-22
Close Date
2021-12-06
Close Price
4300000
Buyer Financing
Other
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Jessamine
Street Number
500
Street Name
Beauford
Street Suffix
Place
State
KY
Zip Code
40356
Directions
Main St in Nicholasville to left on Beauford Place.
Parcel Number
058-20-28-067.00

Contract

Original List Price
4750000
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
List Price/Acre
1401179.94
Sold Price/Acre
1268436.58
SP/LP
0.91

Tax Legal

MLS Area Major
009 - Jessamine County
Subdivision Name
Edgewood
High School District
Jessamine County - 9

Interior

Bedrooms Total
2
Bathrooms Total
Yes
Bathrooms Full
Yes
Bathrooms Half
0

More Information

Parking Information

Parking Total
56

Building

Year Built
9999
Stories Total
2

Lot

Lot Size Acres
3.39
Lot Size Square Feet
147668

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Remarks

Public Remarks
058-20-28-066.00 parcel (720 S. Main included with listing for 500 Beauford Pl). Only $45,700 per door! This is 104 units that are all 2 bedroom, 1 bath. 500 Beauford Place consists of 80 units that are 2 stories, 2 bedroom, and 1 full bathroom units. 720 S. Main consists of 2 buildings that are 12 units each, 2 bedrooms, and 1 full bathroom in those. There's a coin-operated laundry that is used by all of the residents. Most of the units have been renovated, cosmetically, in the last 4 years with updated paint, carpet, vinyl, light fixtures, some appliances, some HVACs, etc.

Unit Details

Number Of Units Vacant
16

Showing Information

Showing Instructions
I have lockboxes at the following units: Beauford 28, 40 (this unit needs a lot of work), 63 (with keys to unit 64---they both need a lot of work). 720 South Main (building closest to Beauford). Lockbox on #7 with keys to #1, as well. Code for all lockboxes is 7243. PLEASE SCRAMBLE BACK THE NUMBERS AND LOCK THE LOCKBOXES WHEN DONE.

Tax & Legal

Tax Rate
1.2537
Zoning Description
R-3

Association/Community

Number Of Units Total
104

Association Amenities

Coin Laundry
Yes

Cooling

Electric
Yes
Heat Pump
Yes

Heating

Forced Air
Yes

Parking Features

Paved
Yes

Possession

Close Of Escrow
Yes

Roof

Metal
Yes

Special Listing Conditions

Standard
Yes

Structure Type

Multi Family
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Association Amenities: Coin Laundry Cooling: Electric; Heat Pump Heating: Forced Air Parking Features: Paved Possession: Close Of Escrow Roof: Metal Special Listing Conditions: Standard Structure Type: Multi Family
Listing Office: Realty Solutions
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.