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Corner-Unit Apartment Buildings
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1124 & 1132 Kees Road, Lexington, KY 40505

All corner units offer hardwood floors, natural daylight, on-site laundry, and off-street parking with tenants paying utilities.

Property SizeContact for details
Days on Market122

Property Features for 1124 & 1132 Kees Road

General Information

Standard status Active
Property subtype Multifamily

Amenities

on-site laundry facilities
off-street parking

Building Details

Tenancy Multi
Listing Agency: Brian Lubeck
Listed By: Brian Lubeck · License #KY 70389
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 1:52PM

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 Brian Lubeck

Investment Insights

Based on property information with market context.

These apartment buildings consist of all corner units. Each unit features real hardwood floors and lots of natural daylight, along with on-site laundry facilities and off-street parking. Updates include a newer roof and gutters, as well as HVAC units, furnaces, and water heaters. The properties also include brand new sliding glass doors and windows.

The buildings are situated next to Whitaker Bank Ballpark, offering a high-activity setting for residential tenants. Tenants are responsible for all utilities.

With the combination of corner-unit layouts and recent exterior and mechanical improvements, the property is well positioned for ongoing residential use.

Key Highlights

  • Multi‑family property with all corner units
  • Each unit features real hardwood floors and lots of natural daylight
  • On‑site laundry facilities for residents

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Dental Office Building Supply Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

767
Businesses Nearby

Demographics for 40505, KY

26,278
Population
12,026
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
8.0 sq mi
ZIP Area
3,285
Density / Sq Mi
$58,922
Median Household Income
$33,517
Median Earnings
$914
Median Rent
$166,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - All corner units offer hardwood floors, natural daylight, on-site laundry, and off-street parking with tenants paying utilities.
Where is this apartment building located?
The property is located at 1124 & 1132 Kees Road Lexington, KY.
What are key features of this property?
This property features: Multi‑family property with all corner units; Each unit features real hardwood floors and lots of natural daylight; On‑site laundry facilities for residents
More about this property
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