108 Surfside Dr Lexington, KY 40503

Building Details

Year Built

1967

Listing agency NAI Isaac a***@naiisaac.com Show Phone

Listed by Al Isaac · License #KY #223721 Show Phone

Source Naiglobal

Added: Apr 1 Updated: Jul 10 at 1:13PM Checked: Jul 10 at 1:13PM

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Investment Insights

Based on property information with market context.

This multi-family investment opportunity is located just off Nicholasville Road, a highly trafficked corridor in Lexington. The 12-unit building features one-bedroom, one-bathroom units. Currently condemned, the property is priced for redevelopment or full renovation. This is a chance to acquire a distressed multi-family asset in a high-demand submarket. The location benefits from a strong rental market with significant upside potential for an experienced investor or developer. Situated in an established residential area, the property experiences strong demand for rental housing. It offers easy access to downtown, New Circle Road, and the University of Kentucky campus. The property is in close proximity to Fayette Mall, Plaza at Fayette Mall, Summit at Fritz Farm, Blue Grass Airport, and Baptist Health. Nicholasville Road experiences traffic of over 45,326 vehicles per day.

Key Highlights

• High‑demand location off Nicholasville Road, Lexington's most desirable corridor.
• Significant upside potential in a strong rental market for experienced investors/developers.
• Rare opportunity to acquire a distressed 12‑unit multi‑family asset.

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FAQs

What type of property is this?

Apartment building - 12-unit multi-family building in high-demand submarket, priced for redevelopment.

Where is this apartment building located?

The property is located at 108 Surfside Dr Lexington, KY.

What is the asking price?

The asking price for this property is $875,000.

What are key features of this property?

This property features: High‑demand location off Nicholasville Road, Lexington's most desirable corridor.; Significant upside potential in a strong rental market for experienced investors/developers.; Rare opportunity to acquire a distressed 12‑unit multi‑family asset.