500 Beauford Place, Nicholasville, KY 40356

$4,300,000

Property Type: Residential Income Bedrooms: 2 Baths: 1 Lot Size (sq. ft.): 147,668 Status: Closed

Current Price: $4,300,000 List Date: 6/28/2021 Last Modified: 8/26/2025

Overview

Description

058-20-28-066.00 parcel (720 S. Main included with listing for 500 Beauford Pl). Only $45,700 per door! This is 104 units that are all 2 bedroom, 1 bath. 500 Beauford Place consists of 80 units that are 2 stories, 2 bedroom, and 1 full bathroom units. 720 S. Main consists of 2 buildings that are 12 units each, 2 bedrooms, and 1 full bathroom in those. There's a coin-operated laundry that is used by all of the residents. Most of the units have been renovated, cosmetically, in the last 4 years with updated paint, carpet, vinyl, light fixtures, some appliances, some HVACs, etc.

Listing Details MLS# 20112449

Listing Information

Comp Sale YN: No
Property Sub Type: Apartment

Status Change Information

Status Change Timestamp: 2021-12-08
Purchase Contract Date: 2021-08-22
Close Date: 2021-12-06
Close Price: 4300000
Buyer Financing: Other
Sale Type: Arms Length Sale
Concessions Comments: No

Address

County: Jessamine
Street Number: 500
Street Name: Beauford
Street Suffix: Place
State: KY
Zip Code: 40356
Directions: Main St in Nicholasville to left on Beauford Place.
Parcel Number: 058-20-28-067.00

Contract

Original List Price: 4750000
Start Showing Date: 2021-06-28
Listing Contract Date: 2021-06-28
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/Acre: 1401179.94
Sold Price/Acre: 1268436.58
SP/LP: 0.91

Tax Legal

MLS Area Major: 009 - Jessamine County
Subdivision Name: Edgewood
High School District: Jessamine County - 9

Interior

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

More Information

Parking Information

Parking Total: 56

Building

Year Built: 9999
Stories Total: 2

Lot

Lot Size Acres: 3.39
Lot Size Square Feet: 147668

Utilities

Cooling YN: Yes
Heating YN: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Remarks

Public Remarks: 058-20-28-066.00 parcel (720 S. Main included with listing for 500 Beauford Pl). Only $45,700 per door! This is 104 units that are all 2 bedroom, 1 bath. 500 Beauford Place consists of 80 units that are 2 stories, 2 bedroom, and 1 full bathroom units. 720 S. Main consists of 2 buildings that are 12 units each, 2 bedrooms, and 1 full bathroom in those. There's a coin-operated laundry that is used by all of the residents. Most of the units have been renovated, cosmetically, in the last 4 years with updated paint, carpet, vinyl, light fixtures, some appliances, some HVACs, etc.

Unit Details

Number Of Units Vacant: 16

Showing Information

Showing Instructions: I have lockboxes at the following units: Beauford 28, 40 (this unit needs a lot of work), 63 (with keys to unit 64---they both need a lot of work). 720 South Main (building closest to Beauford). Lockbox on #7 with keys to #1, as well. Code for all lockboxes is 7243. PLEASE SCRAMBLE BACK THE NUMBERS AND LOCK THE LOCKBOXES WHEN DONE.

Tax & Legal

Tax Rate: 1.2537
Zoning Description: R-3

Association/Community

Number Of Units Total: 104

Association Amenities

Coin Laundry: Yes

Cooling

Electric: Yes
Heat Pump: Yes

Heating

Forced Air: Yes

Parking Features

Paved: Yes

Possession

Close Of Escrow: Yes

Roof

Metal: Yes

Special Listing Conditions

Standard: Yes

Structure Type

Multi Family: Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Association Amenities: Coin Laundry Cooling: Electric; Heat Pump Heating: Forced Air Parking Features: Paved Possession: Close Of Escrow Roof: Metal Special Listing Conditions: Standard Structure Type: Multi Family

Listing Office: Realty Solutions

Last Updated: August - 26 - 2025

Information deemed reliable but not guaranteed.