746 Allendale Drive | Lexington KY

 

FOR SALE

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Property Information

  • 13,323 SF mixed use building

  • (10) 1Bdr/1Ba units

  • (2) 2Bdr/1Ba units

  • (1) 4,007 SF first floor Retail unit

  • Six apartments are long term leases, six are Airbnbs.

  • Retail space has a fresh 5-year NNN lease with 2 x 5 year options, which commences Q4 this year.

  • Built in 2017

  • Sale Price: $2,450,000

  • Cap Rate: 6%