136-Unit Garden-Style Apartment
For Sale
$3,500,000
1340 Alexandria Dr, Lexington, KY 40504
The R-4-zoned community is near the University of Kentucky, UK HealthCare and three Amazon logistics centers.
Property Size125,000 SF
Price / SF$28
Days on Market9
Property Features for 1340 Alexandria Dr
General Information
Standard status
Active
Size
125,000 SF
Property subtype
Multifamily
Zoning
R-4
Additional Details
Multifamily Units
136
Building Details
Construction
garden-style
Listing Agency:
Colliers
Listed By:
Reed Weinberg · License #60187
(502) 299-0548
Source:
Kcrea.resimplifi
Added: Oct 6
Changed: Oct 13
Last Checked: Oct 13 at 2:42AM
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 Colliers
Investment Insights
Based on property information with market context.
Crystal Gardens is a 136-unit garden-style apartment community at 1340 Alexandria Dr in Lexington. The property totals 125,000 square feet and is zoned R-4. The listing identifies interior and amenity improvements as potential work across the community; it does not specify existing unit or amenity conditions.
The property is near the University of Kentucky and UK HealthCare, with access to three Amazon logistics centers. The surrounding area’s population has grown by more than 40% since 2000, and the listing reports no new multifamily supply within a four-mile radius.
The property is near the University of Kentucky and UK HealthCare, with access to three Amazon logistics centers. The surrounding area’s population has grown by more than 40% since 2000, and the listing reports no new multifamily supply within a four-mile radius.
Key Highlights
- 136‑unit garden‑style apartment community
- 125,000 square feet
- R‑4 zoning
Property Analytics
Current Use
Lease Details
136
Residential units
Location Intelligence
Trade Area within ½ mile
349
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - The R-4-zoned community is near the University of Kentucky, UK HealthCare and three Amazon logistics centers.
Where is this apartment building located?
The property is located at 1340 Alexandria Dr Lexington, KY.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 136‑unit garden‑style apartment community; 125,000 square feet; R‑4 zoning
