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McGregor Properties | Lexington

Listing was updated on: 10/16/2019
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Property Overview

Price/Rent PSF Inquire
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 43,356
Date Available 10/16/2019
Additional URL Link
Parking 72
Floors 4
Additional parameters Show
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Description

Location
McGregor Properties is located in thriving Lexington, Kentucky, featuring downtown Lexington and University of Kentucky walkability. McGregor's 5 buildings are just off of Main Street, and less than 1 mile from Rupp Arena and the Lexington Convention Center. This property provides tenants access to Lexington's major thoroughfares (Nicholasville, Harrodsburg, Winchester, Richmond, Tates Creek) and premier downtown establishments (0.5 miles from new City Center, 0.5 miles from new downtown Target, in close proximity to nightlife, boutique shopping, and hip dining).

Sale
SVN Stone Commercial Real Estate is pleased to present this rare opportunity to acquire multifamily in downtown Lexington, KY. McGregor Properties is a 78-unit multifamily (fractured condo) property located in between the University of Kentucky's campus and downtown. The property has been well-cared for with over $1,000,000 in renovations and repairs by the current owner, and is poised as a great opportunity for future investors to acquire an asset with the ability to add value through increasing rents to market supported levels. For additional information, please contact Nathan Dilly | [email protected] | 859-420-5492 or Justin Ryder | [email protected] | 859-447-3285.

TOUR DATES - September 18, 19, 24, and 25
CALL FOR OFFERS - October 1

Location

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