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168-205 Fairfield Way

Winchester, KY 40391
  • $5,200,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 24002014
Price Reduced
$5,200,000
  • 72
    BEDS
  • 1.87
    ACRES
  • 48
    BATHS
  • 24
    1/2 BATHS
  • 33,444
    SQFT
  • $155
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2023
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Grc
School District:

Description

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!

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Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Vanessa Vale Team | Keller Williams Bluegrass are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
www.vanessavale.com/homes/147273533
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168-205 Fairfield Way Winchester, KY 40391

  • Price: $5,200,000
  • Status: Active
  • On Site: 20 Days
  • MLS #: 24002014
72
Beds
48
Baths
24
½ Baths
1.87
Acres
33,444
SQFT
$155
$/SQFT
2023
Built
Neighborhood:
Fairfield Park
County:
Clark
Area:
Clark County
Elementary School:
Justice
Middle School:
Robert Campbell
High School:
Grc
School District:
Clark County
Property Description
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!
Exterior Features

Parking 56 or More Spaces Roof Shingle Stories Two Structure Type Other

Interior Features

Cooling ElectricHeat Pump Heating ElectricHeat Pump

Property Features

Ada Accessible No Construction Status New Construction Current Zoning PD Gross Scheduled Rental Income 9594 Intermediate School Henry Baker Lot Expansion Potential Yes Number Of Vacant Units 18 Possession Close Of EscrowSubject To Tenant Rights Property Management Expenses 8 Tax Rate 0.126

Bluegrass REALTORS® logo Listing provided courtesy of Jason Townsend of Kentucky Residential Real Estate, LLC: (859) 229-5974 . Listing information © 2024 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.
Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Vanessa Vale Team | Keller Williams Bluegrass are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
 
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Vanessa Vale Team | Keller Williams Bluegrass
1908 Bryant Rd, STE. 250
Lexington KY, 40509