Stone Bridge Apartment
For Sale
Contact for pricing
1261 VILLAGE DR, Lexington, KY 40504
Apartment community built in 1974 within Lexington’s R3 - Planned Neighborhood Residential zoning district.
Property Size85,600 SF
Days on Market13
Property Features for 1261 VILLAGE DR
General Information
Standard status
Active
Size
85,600 SF
Class
C
Property subtype
Multifamily
Zoning
R3 - Planned Neighborhood Residential
Occupancy
59%
Investment Type
Value Add
Additional Details
Highway Access
Yes
Building Details
Year Built
1974
Buildings
9
Stories
2
Units
113
Listing Agency:
Silvestri Real Estate
Listed By:
Robert Jones · License #KY - 241952
Source:
Crexi
Added: Aug 18
Changed: Aug 30
Last Checked: Aug 30 at 12:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Silvestri Real Estate
Investment Insights
Based on property information with market context.
Stone Bridge Apartments is an 85,600-square-foot apartment property completed in 1974. The asset is located at 1261 Village Dr in Lexington and carries R3 - Planned Neighborhood Residential zoning.
The property sits near Lexington’s Versailles Road corridor, with access to New Circle Road. Blue Grass Airport, Keeneland, downtown Lexington, and the University of Kentucky campus are identified nearby, along with commercial and industrial employment centers. Lexington’s economic base includes higher education, health care, advanced manufacturing, logistics, and the equine industry.
The property sits near Lexington’s Versailles Road corridor, with access to New Circle Road. Blue Grass Airport, Keeneland, downtown Lexington, and the University of Kentucky campus are identified nearby, along with commercial and industrial employment centers. Lexington’s economic base includes higher education, health care, advanced manufacturing, logistics, and the equine industry.
Key Highlights
- 85,600‑square‑foot apartment property
- Built in 1974
- R3 - Planned Neighborhood Residential zoning
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
379
Businesses Nearby
Explore this area
Business Placement
Demographics for 40504, KY
26,042
Population
13,175
Households
2
Avg Household Size
34
Median Age
32%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
4,200
Density / Sq Mi
$43,015
Median Household Income
$29,195
Median Earnings
$888
Median Rent
$209,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment community built in 1974 within Lexington’s R3 - Planned Neighborhood Residential zoning district.
Where is this apartment building located?
The property is located at 1261 VILLAGE DR Lexington, KY.
What are key features of this property?
This property features: 85,600‑square‑foot apartment property; Built in 1974; R3 - Planned Neighborhood Residential zoning
