Lakeplace Apartments, a small twenty apartment complex consisting of one and two BR townhouse apartments with garages, is located off Cherry Valley Road at the intersection of 40th Street and Lakeview Drive on the west side of Newark. The complex is only minutes from Licking Memorial Hospital on West Main Street, and other medical facilities on Tamarack Road. The bike path access on Cherry Valley Road as well as the new SR16 Columbus - I 77 connector are only minutes away. The OSU Newark and COTC campuses are less than 10 minutes away.

All apartments are air conditioned and fully applianced, including ceiling fans and disposers. The apartments have - over-the-range-microwaves and dishwashers. The two bedrooms have 1 1/2 baths and laundry hook-ups. Many of the one bedrooms have laundry hook-ups as well.

The complex features a courtyard and lots of surrounding landscaped lawn area with lots of trees. A very desirous community with reasonable rents.

Water and trash is provided by the complex, residents pay electric. The apartments are efficiently cooled and heated by both electrical baseboard heaters and Zoneline heat and air conditioner units. Average electric cost for the one bedrooms is $60's to $70's. Average electric cost for the two bedrooms is $100 to $120.