Rare Downtown Multi-Family with Upside
222 Campsie Place
Lexington, KY 40508
- PRICE REDUCED! Presented at $455,000
- Owner has recently replaced AC
- One owner since ‘99, well cared for
- Superior location in downtown Lexington in developing area
- Current under market rents leave the next owner with plenty of upside as units turn
- Opportunity to increase other income with laundry or parking
- Located in a Kentucky Opportunity Zone
SVN Stone Commercial Real Estate is pleased to present this 7-unit low rise multi-family investment opportunity in developing downtown Lexington. Cozy 222 Campsie Place neighbors The Living Arts and Science Center in a beautiful area featuring walkability to downtown and nearby universities. The property sits just over one mile from Rupp Arena and other downtown attractions. In an area where population growth is outpacing housing supply - this is your opportunity to purchase a multi-family asset that is going to grow with the Bluegrass!
Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.