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Lexington-area apartment community sells for $6 million

Morgan Properties sells off-market 67-unit complex in Nicholasville, Kentucky
The one-story Nicholasville apartment community in Nicholasville, Kentucky, sold off-market with full occupancy at the time of closing. (CoStar)
The one-story Nicholasville apartment community in Nicholasville, Kentucky, sold off-market with full occupancy at the time of closing. (CoStar)
By Jack Embry with
CoStar Research
March 30, 2026 | 5:40 P.M.

Meadowood Apartments acquired the 67-unit multifamily property at 201 Orchard Drive in Nicholasville, Kentucky, from Pennsylvania-based Morgan Properties for $6 million, or approximately $89,552 per unit.

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