Lexington, KY 40508,220 Cedar Street
Lexington, KY 40508,220 Cedar Street
Lexington, KY 40508,220 Cedar Street
Lexington, KY 40508,220 Cedar Street
Lexington, KY 40508,220 Cedar Street
Lexington, KY 40508,220 Cedar Street
See all 20 photos

$4,375,000

$5,677,500

22.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

41 Beds

45 Baths

28,211 SqFt


SOLD DATE : 05/06/2022

Key Details

Sold Price $4,375,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 28,211 sqft

Price per Sqft $155

Subdivision Centercourt

MLS Listing ID 22002873

Sold Date 05/06/22

Bedrooms 41

Full Baths 41

Half Baths 4

Year Built 2011

Property Description

Sold as a package of 21. 2 sold separately. Sold price reflects package of 21.

This is your chance to own 23 fully occupied Class A condo's in the desirable Center Court complex of Lexington, KY! An opportunity like this is unheard of and these units have not been available since the complex's inception. Coming in at an incredible 47 bedrooms, 46 full bathrooms, and 4 half baths, these units comprise of 1+, 2, and 3 bedroom styles across a wide range of layouts. All available condos are part of the PHII portion of the complex.

Their location can't be beat! Situated directly in the heart of Lexington, this package is right on the edge of the University of Kentucky campus and lively downtown area. Residents have the ability to bike or walk to any of the several restaurants, bars, breweries, parks, or shopping areas nearby!

Buyer responsible to pay initial HOA capitalization fee at closing (1BR = $1000 , 2 BR =$1400, 3 BR = $180. Many units have had upgrades over the years including several with stainless steel appliances, granite countertops, upgraded kitchen cabinets, LVP floors, as well as upgraded bathroom finishings. The entire complex is monitored by a security system with cameras and code operated access doors, as well as a wet sprinkler system in each unit.

Rentals in this building are in high demand! All units are occupied with many leases already being extended through through 7/31/2023. With such a high demand, the short supply of high end housing and the convenience of its location new ownership has the potential for rent growth in the future.

Please find the full list of available units as well as rent and lease information as an attachment to this listing. Condos are available for sale as a full or partial package, as well as for sale individually. Call today, to set up your private showing before its too late!

As individual units go under contract, this listing will not be updated until the individual unit closes escrow. Please find available / pending status on attached document.

Location

State KY

County Fayette

Interior

Heating Electric, Forced Air, Heat Pump

Cooling Electric, Heat Pump

Exterior

Parking Features Covered, On Site

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N N

Roof Type Flat,Membrane

Handicap Access No

Private Pool No

Building

New Construction No

Others

Special Listing Condition Standard

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