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1156 Appian Crossing Way #107, Lexington, KY

This property is located in Lexington, Kentucky and was purchased through bank auction.  This is a 2 Bedroom / 2.5 Bathroom townhome.  The townhouse was built in 2003.  This property was almost turnkey ready.  Was just recently rented in November of 2013.

What we did
  • Washer/Dryer Update (Nov 2013)
  • Replace HVAC  (Nov 2013)

Investor Details

Purchased price- $69,799

Total approx. renovations investment- $4,000

Currently Lease: Exp. March 2014 at $850/month

Current Insurance & Tax expense:  $125

HOA Monthly Fee:  $58

MGMT Fee: 5% of Monthly Rent or $42.50

Approx ROI: 10.1%

1156 Appian Crossing Way #107, Lexington, KY

Ready to invest? Have a question? Contact Us


Additional Appian Photos

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