5-Unit Mid-Term Rental Opportunity - Downtown Lexington

Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.SVN Stone Commercial Real Estate is pleased to present this newly constructed property (built in 2016), located in a high-demand area just minutes from downtown restaurants, shopping, the farmer’s market, and Rupp Arena. Featuring a modern design with custom finishes—no cookie-cutter units here—this property currently operates as a short- to mid-term rental catering primarily to travel nurses. The five units generate an average of $8,850 per month, with gross income of $106,200 per year, and consistently low vacancy—making it an ideal investment opportunity for buyers seeking reliable income and minimal risk. This is your chance to break into the mid-term / Airbnb market! For more information and property financials, or to schedule a tour, contact Justin Ryder, CCIM, at 859.447.3285 or [email protected], or Rachel Ridd at 859.327.7261 or [email protected].