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Renovated Multifamily Apartment Community
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Pending

2111 Lansill Rd, Lexington, KY 40504

Multifamily community with 99 units offering one-, two-, and three-bedroom floor plans and multiple renovated unit and common-area improvements.

Property SizeContact for details
Days on Market123

Property Features for 2111 Lansill Rd

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Block + Lot
Listed By: Greg Leveridge · License #KY 71312
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 10 at 10:36AM

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 Block + Lot

Investment Insights

Based on property information with market context.

This apartment community includes 99 units with one-, two-, and three-bedroom floor plans, offered in seven different layouts. Many interiors have been renovated and additional unit renovations are underway upon turns, with finishes including hardwood and carpet flooring, fully equipped kitchens, and heating and air conditioning. Select units offer private patios/balconies and in-unit washer and dryers, with cable-ready and high-speed internet access. The property also includes ongoing and completed improvements across the asset, including multiple roof replacements and upgrades to plumbing, pools, and HVAC systems.

Common amenities listed include a dog park, two swimming pools, a laundry room, and a gazebo with grilling stations. Recent upgrades also include new signage and branding, renovations to the leasing office and clubhouse, and interior renovations to units upon turns. The offering notes additional land and allowable added zoning density that may support development of additional units and/or space for amenities. The property is located at 2111 Lansill Rd in Lexington, KY 40504.

Key Highlights

  • 99‑unit multifamily community with one-, two-, and three‑bedroom floor plans and seven different layouts
  • Multiple interior and building system upgrades, including roof replacements, plumbing, pool, and HVAC upgrades
  • 99 units renovated and counting, with select units offering private patios/balconies, in‑unit washer/dryers, and hardwood floors

Property Analytics

Current Use

Nia Rouge kentucky Bakery Grizzly Construction General Contractor Cabana Royal Apartments Condominium Complex

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Big Box & Wholesale Store Carpet & Flooring Store Barber Shop

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

Location Intelligence

Trade Area within ½ mile

474
Businesses Nearby

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

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 - Multifamily community with 99 units offering one-, two-, and three-bedroom floor plans and multiple renovated unit and common-area improvements.
Where is this apartment building located?
The property is located at 2111 Lansill Rd Lexington, KY.
What are key features of this property?
This property features: 99‑unit multifamily community with one-, two-, and three‑bedroom floor plans and seven different layouts; Multiple interior and building system upgrades, including roof replacements, plumbing, pool, and HVAC upgrades; 99 units renovated and counting, with select units offering private patios/balconies, in‑unit washer/dryers, and hardwood floors
(859) 753-8154 Call to check price and availability
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