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Off market
  • Price Unknown

    220 Cedar St, Lexington, KY 40508

    41beds
    28,211sqft
    Multi Family
    Built in 2011
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,556 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,556/mo

    Zestimate® history
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    What's special

    Sold as a package of 21. 2 sold separately. Sold price reflects package of 21. This is your chance to own 23 fully occupied Class A condo's in the desirable Center Court complex of Lexington, KY! An opportunity like this is unheard of and these units have not been available since the complex's inception. Coming in at an incredible 47 bedrooms, 46 full bathrooms, and 4 half baths, these units comprise of 1+, 2, and 3 bedroom styles across a wide range of layouts. All available condos are part of the PHII portion of the complex. Their location can't be beat! Situated directly in the heart of Lexington, this package is right on the edge of the University of Kentucky campus and lively downtown area. Residents have the ability to bike or walk to any of the several restaurants, bars, breweries, parks, or shopping areas nearby! Buyer responsible to pay initial HOA capitalization fee at closing (1BR = $1000 , 2 BR =$1400, 3 BR = $180. Many units have had upgrades over the years including several with stainless steel appliances, granite countertops, upgraded kitchen cabinets, LVP floors, as well as upgraded bathroom finishings. The entire complex is monitored by a security system with cameras and code operated access doors, as well as a wet sprinkler system in each unit. Rentals in this building are in high demand! All units are occupied with many leases already being extended through through 7/31/2023. With such a high demand, the short supply of high end housing and the convenience of its location new ownership has the potential for rent growth in the future. Please find the full list of available units as well as rent and lease information as an attachment to this listing. Condos are available for sale as a full or partial package, as well as for sale individually. Call today, to set up your private showing before its too late! As individual units go under contract, this listing will not be updated until the individual unit closes escrow. Please find available / pending status on attached document.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    J Corey Griffo 502-804-7067,

    RE/MAX Elite Lexington

    Bought with:

    J Corey Griffo, 214635

    RE/MAX Elite Lexington

    Source: Imagine MLS,MLS#: 22002873MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 41
    • Bathrooms: 45
    • Full bathrooms: 41
    • 1/2 bathrooms: 4
    Heating
    • Electric, Forced Air, Heat Pump
    Cooling
    • Electric, Heat Pump
    Interior area
    • Total structure area: 28,211
    • Total interior livable area: 28,211 sqft

    Property

    Parking
    • Total spaces: 55
    • Parking features: On Site, Covered
    Details
    • Parcel number: 00000000000
    • Zoning description: MU-2 - NEIGHBORHOOD CORRIDOR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Flat,Membrane
    Condition
    • New construction: No
    • Year built: 2011

    Utilities & green energy

    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Security
    • Security features: Fire Sprinkler System
    Location
    • Region: Lexington
    • Subdivision: Centercourt

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional

    Price history

    DateEventPrice
    5/6/2022Sold$4,375,000-22.9%$155/sqft
    Source: Imagine MLS #22002873 Report a problem
    4/5/2022Pending sale$5,677,500$201/sqft
    Source: Imagine MLS #22002873 Report a problem
    3/3/2022Price change$5,677,500-5%$201/sqft
    Source: Imagine MLS #22002873 Report a problem
    2/19/2022Listed for sale$5,974,400+2197.8%$212/sqft
    Source: Imagine MLS #22002873 Report a problem
    2/25/2021Sold$260,000+5.3%$9/sqft
    Source: Rector Hayden REALTORS Solds #20018603_40508 Report a problem
    8/31/2020Listing removed$247,000$9/sqft
    Source: Keller Williams Bluegrass Realty #20004613 Report a problem
    5/14/2020Price change$247,000+3.8%$9/sqft
    Source: Keller Williams Bluegrass Realty #20004613 Report a problem
    4/17/2020Pending sale$238,000-4.8%$8/sqft
    Source: Keller Williams Greater Lexington #20004613 Report a problem
    3/10/2020Price change$250,000+5%$9/sqft
    Source: Keller Williams Bluegrass Realty #20004613 Report a problem
    2/8/2020Listed for sale$238,000-8.1%$8/sqft
    Source: Keller Williams Greater Lexington #20004613 Report a problem
    8/13/2018Listing removed$1,300
    Source: Owner Report a problem
    7/12/2018Price change$1,300-3.7%
    Source: Owner Report a problem
    6/12/2018Listed for rent$1,350-15.6%
    Source: Keller Williams Bluegrass Realty #1802069 Report a problem
    2/20/2018Listing removed$1,600
    Source: Lexington #1726987 Report a problem
    1/25/2018Price change$1,600+45.5%
    Source: Lexington #1726987 Report a problem
    12/16/2017Listed for rent$1,100+10%
    Source: Lexington #1726987 Report a problem
    4/4/2017Listing removed$259,000$9/sqft
    Source: Horse Capital Realty #1700998 Report a problem
    1/25/2017Listed for sale$259,000-7.2%$9/sqft
    Source: Horse Capital Realty #1700998 Report a problem
    7/26/2016Listing removed$1,000-37.5%
    Source: Keller Williams - Lexington #1614913 Report a problem
    4/21/2015Listing removed$279,000$10/sqft
    Source: Horse Capital Realty #1404618 Report a problem
    4/9/2015Listing removed$1,600
    Source: Horse Capital Realty #1503283 Report a problem
    3/22/2015Listed for sale$279,000$10/sqft
    Source: Horse Capital Realty #1404618 Report a problem
    2/23/2015Listed for rent$1,600
    Source: Horse Capital Realty #1503283 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 40508

    Nearby schools

    GreatSchools rating