400 Aylesford Place, Lexington, KY 40502

$2,475,000
Property Type: Residential Income Bedrooms: 2 Baths: 1 Status: Closed
Current Price: $2,475,000 List Date: 7/16/2012 Last Modified: 8/26/2025

Overview

Description

Six Buildings each building consists of 6 Units (2 bedroom 1 bath)Campus property, best location available. Fully leased for the 2012-2013 school year. Consistent income and rental rates are increasing each year. All units separately metered electric and water.

Listing Details MLS# 1213427

Listing Information

Property Sub Type
Apartment

Status Change Information

Price Change Timestamp
2013-01-18T20:48:52Z
Status Change Timestamp
2013-01-18
Purchase Contract Date
2012-12-23
Close Date
2012-12-28
Close Price
2475000
Buyer Financing
Cash

Address

County
Fayette
Street Number
400
Street Name
Aylesford
Street Suffix
Place
Street Suffix Modifier
418
State
KY
Zip Code
40502
Directions
Euclid Ave to Aylesford Place

Contract

Original List Price
2950000
Start Showing Date
2012-07-16
Listing Contract Date
2012-07-16
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
SP/LP
0.92

Tax Legal

MLS Area Major
003 - Fayette County SE
Subdivision Name
Aylesford

Interior

Bedrooms Total
2
Bathrooms Total
Yes
Bathrooms Full
Yes
Bathrooms Half
0

More Information

Parking Information

Parking Total
10

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes

Remarks

Public Remarks
Six Buildings each building consists of 6 Units (2 bedroom 1 bath)Campus property, best location available. Fully leased for the 2012-2013 school year. Consistent income and rental rates are increasing each year. All units separately metered electric and water.

Income and Expenses

Gross Scheduled Income
27000

Tax & Legal

Zoning Description
r-3 multi family

Association/Community

Number Of Buildings
1

Lot

Lot Size Acres
0
Lot Size Square Feet
0

Association Amenities

Coin Laundry
Yes

Cooling

Electric
Yes

Heating

Electric
Yes
Forced Air
Yes

Possession

Close Of Escrow
Yes

Roof

Shingle
Yes

Special Listing Conditions

Standard
Yes

Structure Type

Multi Family
Yes

Property Features

Utilities: Electricity Connected; Electricity Connected Association Amenities: Coin Laundry Cooling: Electric Heating: Electric; Forced Air Possession: Close Of Escrow Roof: Shingle Special Listing Conditions: Standard Structure Type: Multi Family
Listing Office: The Gibson Company
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.
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