5528 Ky Rt 114, Prestonsburg, KY 41653

$1,300,000
Property Type: Residential Income Bedrooms: 2 Baths: 1 Square Footage: 27,186 Lot Size (sq. ft.): 78,408 Status: Closed
Current Price: $1,300,000 List Date: 10/08/2025 Last Modified: 3/30/2026

Overview

Description

Investment opportunity! This property includes 8-1 bedroom 1 bath apartments and 24-2 bedroom 1 bathroom apartments, a laundry mat, playground, social area and offices.

Listing Details MLS# 25503216

Listing Information

Comp Sale YN
No
Property Sub Type
Apartment

Status Change Information

Status Change Timestamp
2026-02-27
Purchase Contract Date
2025-12-22
Close Date
2026-02-27
Close Price
1300000
Buyer Financing
Conventional
Sale Type
Arms Length Sale

Address

County
Floyd
Street Number
5528
Street Name
Ky Rt 114
State
KY
Zip Code
41653
Directions
Take RT 114 2 miles to Park Place Apartments on left.

Contract

Original List Price
1885650
Start Showing Date
2025-10-08
Listing Contract Date
2025-10-06
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
1047583.33
List Price/SqFt
69.36
Sold Price/Acre
722222.22
Sold Price/SqFt
47.82
SP/LP
0.69

Tax Legal

MLS Area Major
083 - Floyd County
Subdivision Name
Rural
High School District
Floyd County - 83

Interior

Bedrooms Total
2
Bathrooms Total
Yes
Bathrooms Full
Yes
Living Area
27186
Bathrooms Half
0

More Information

Building

Year Built
1997
Stories Total
2
Accessibility Features YN
Yes

Lot

Lot Size Acres
1.8
Lot Size Square Feet
78408

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Investment opportunity! This property includes 8-1 bedroom 1 bath apartments and 24-2 bedroom 1 bathroom apartments, a laundry mat, playground, social area and offices.

Showing Information

Showing Instructions
48 hour notice

Tax & Legal

High School
Prestonsburg

Association/Community

Number Of Units In Community
6
Number Of Units Total
32

Cooling

Electric
Yes

Heating

Electric
Yes

Laundry Features

Common Area
Yes
Lower Level
Yes
Main Level
Yes

Parking Features

On Site
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Roof

Shingle
Yes

Structure Type

Multi Family
Yes

Showing Requirements

Call Listing Agent
Yes
Listing Agent Must Accompany
Yes
No Sign
Yes

Property Features

Cooling: Electric Heating: Electric Laundry Features: Common Area; Lower Level; Main Level Parking Features: On Site; Paved Possession: Close Of Escrow Roof: Shingle Structure Type: Multi Family Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; No Sign
Listing Office: Blu Horizon Real Estate
Last Updated: March - 30 - 2026
Information deemed reliable but not guaranteed.