1161 Jonestown Lane, Lexington, KY 40517

$1,000,000
Property Type: Residential Income Bedrooms: 20 Baths: 30 Square Footage: 12,800 Lot Size (sq. ft.): 1,742 Status: Closed
Current Price: $1,000,000 List Date: 5/30/2017 Last Modified: 8/26/2025

Overview

Description

This is a great opportunity to invest in recently built townhomes in a popular neighborhood of Lexington. These 10 units all have 2 bedrooms and 2 and one half baths. Located at the end of a quiet cul-de-sac, tenants enjoy private off-street parking. All electric systems and individually metered, this is 10-plex has good investor performance opportunity.

Listing Details MLS# 1711956

Status Change Information

Price Change Timestamp
2017-11-07T21:01:37Z
Status Change Timestamp
2017-11-07
Purchase Contract Date
2017-09-20
Close Date
2017-11-03
Close Price
1000000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
na

Address

County
Fayette
Street Number
1161
Street Name
Jonestown
Street Suffix
Lane
State
KY
Zip Code
40517
Directions
Drive South on Tates Creek Road. Turn left onto Armstrong Mill. Turn right on to Appian Way. Turn right on Appian Crossing. Property is at the end of the street. Enter the townhome complex and at the end turn right into parking lot of these homes.
Parcel Number
25508800

Contract

Original List Price
1179000
Start Showing Date
2017-05-29
Listing Contract Date
2017-05-29
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
29475000
List Price/SqFt
92.11
Sold Price/Acre
25000000
Sold Price/SqFt
78.13
SP/LP
0.85

Tax Legal

MLS Area Major
003 - Fayette County SE
Subdivision Name
Jonestown

Interior

Bedrooms Total
20
Bathrooms Total
30
Bathrooms Full
20
Bathrooms Half
10
Living Area
12800

Parking Information

Parking Total
35

More Information

Building

Year Built
2015

Lot

Lot Size Acres
0.04
Lot Size Square Feet
1742.4

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes

Remarks

Public Remarks
This is a great opportunity to invest in recently built townhomes in a popular neighborhood of Lexington. These 10 units all have 2 bedrooms and 2 and one half baths. Located at the end of a quiet cul-de-sac, tenants enjoy private off-street parking. All electric systems and individually metered, this is 10-plex has good investor performance opportunity.

Showing Information

Showing Instructions
Call listing agent.

Tax & Legal

Zoning Description
R-4

Cooling

Electric
Yes

Heating

Electric
Yes
Heat Pump
Yes

Roof

Shingle
Yes

Special Listing Conditions

Standard
Yes

Property Features

Utilities: Electricity Connected; Electricity Connected Cooling: Electric Heating: Electric; Heat Pump Roof: Shingle Special Listing Conditions: Standard
Listing Office: Silvestri Real Estate, LLC
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.
Search powered by FBS Products