Silvestri Real Estate is pleased to present the exclusive listing of Donabrook 15, a 15-unit multifamily building located off Nicholasville Road and near the Fayette Mall. The owners have meticulously maintained the asset for over seven years. The new owner will not only have day-1 cash flow, but also the upside in potential rent increases with the current LTL being $83/unit/month.
Donabrook 15 is available all cash and the seller financing is NOT available.
- With extremely high barriers to entry, the Lexington multifamily market has been a consistently high-performing market for apartment investments.
- Nearby points of interest include:
- 0.2 miles to Wildwood Park
- 0.5 miles to Nicholasville Road
- 0.6 miles to Fayette Mall
- 0.7 miles to New Circle Road
- 0.8 miles to Shillito Park
- 1.4 miles to The Summit at Fritz Farm
- 1.6 miles to Man O’ War Blvd.
- 2.5 miles to Baptist Health Hospital
- 3.2 miles to the University of Kentucky Hospital
- 3.3 miles to the University of Kentucky (Lexington’s largest employer)
- 7.7 miles to Bluegrass Airport
- In-Unit washer/dryer connections.
- Shingles are approximately 10 years old.
- HVAC – Heat Pump
- Electricity – Individually Metered and Tenant Paid
- Water/Sewer – Individually Metered and Tenant Paid
- Trash – Owner Paid
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