What's Going Down: Lexington Apartments, 514 Brandon Avenue

down-514brandonThe Lexington Apartments at 514 Brandon Avenue may not be paradise, but they are becoming a parking lot. The UVA Foundation purchased the two, two-story apartment buildings in May from owner Dorothy Quarles, who bought them in 1963 for $140,000.

“The property is being “land-banked” for future UVA use,” says the UVA Foundation’s Tim Rose. “In the meantime, we will replace the current structure with a parking lot.”

ADDRESS: 514 Brandon Avenue
NEIGHBORHOOD: University area apartments
ASSESSMENT: $830,600
TRANSFER: Purchased 5/7/2009 by UVA Foundation for $770,000
YEAR BUILT: 1957
SIZE: 6,216 sq. ft.
LAND: 0.751 acres
OWNERS: University of Virginia Foundation
DEMO PERMIT DATE: Permit to demolish 2 commercial structures applied for on 10/30/2009
CONTRACTOR: S. B. Cox Inc.