2024 Cornerstone Dr, Lexington, KY 40509

Property Description

12-Unit Multifamily Investment Opportunity | Lexington, KY 40509 Presented by The Gibson Company The Gibson Company is excited to bring to market a 12-unit multifamily investment opportunity located in the highly desirable 40509 zip code of Lexington, KY. This portfolio consists of one (1) 8-plex and one (1) 4-plex, both constructed in the year 2000. The 8-plex consists of seven (7) 2-bedroom, 1-bath units and one (1) 2-bedroom, 1.5-bath unit. Each unit is approximately 900 square feet and includes a small private deck for tenant enjoyment. The 4-plex includes four (4) large 2-bedroom, 2-bath units, each approximately 1,100 square feet. These units do not include decks but offer spacious interior layouts. Both buildings have had roofs replaced within the last 5-8 years. Approximately 75% of all HVAC units have also been replaced, offering reduced near-term capital expenditure exposure for investors. The property is located minutes from New Circle Road, I-75, Hamburg Pavilion, and Man O' War Boulevard — providing strong connectivity to retail, restaurants, and employment centers. Property Highlights: 12 Total Units: One 8-Plex + One 4-Pl