1944 Drummond Dr

Multi-Family

1944 Drummond Dr, LexingtonKY 40511

Property Details

Location

Address
1944 Drummond Dr, LexingtonKY 40511
County
Fayette
Submarket

Building Size

Building Size
Rentable Space
87,699 SF

Building Details

Type
 Multi-Family
Number of Buildings
Number of Units
51
Occupancy Type
Single Tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
7.46 Acres
Land (SF)
324,958 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
R-3
Lot Depth
Lot Width

Contacts

Current Listings

51 Single Family Rental Portfolio

87,699 SF$12,515,000
The Gibson Company

Portfolio consisting of 51 professionally managed single family homes on contiguous lots in the Coventry neighborhood of Lexington, KY. All homes built between 2018 and 2020 by Briggs Homes. Currently 100% occupied with strong leasing activity during Covid-19 pandemic. Median sales price in the Coventry neighborhood has averaged 6.70% increase annually since 2016.

The Gibson Company

Portfolio consisting of 51 professionally managed single family homes on contiguous lots in the Coventry neighborhood of Lexington, KY. All homes built between 2018 and 2020 by Briggs Homes. Currently 100% occupied with strong leasing activity during Covid-19 pandemic. Median sales price in the Coventry neighborhood has averaged 6.70% increase annually since 2016.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: KCREA

More Information

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