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Multifamily

Lexington Portfolio

27 E Washington St, Winchester, KY 40391

Listing Price: Request For Offer

Number of Units
97
Occupancy
94.6%
Gross SF
74,100

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this portfolio in Lexington, KY MSA. This offering will allow a potential investor to purchase a rare Value-Add Opportunity.

Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchasers offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents

AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE SPRINGVIEW, COLLEGE PARK, AND STUDIO 28 APARTMENTS.

Investment Highlights

  • Chance to Increase Income and Reduce Expenses by Restructuring Utility Responsibility
  • Majority of Units Newly Renovated
  • High Occupancy

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (513) 878-7733

    License(s) KY: 242197

    Kentucky

Listing Price: Request For Offer

Number of Units
97
Occupancy
94.6%
Gross SF
74,100

Investment Highlights

  • Chance to Increase Income and Reduce Expenses by Restructuring Utility Responsibility
  • Majority of Units Newly Renovated
  • High Occupancy

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this portfolio in Lexington, KY MSA. This offering will allow a potential investor to purchase a rare Value-Add Opportunity.

Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchasers offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents

AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE SPRINGVIEW, COLLEGE PARK, AND STUDIO 28 APARTMENTS.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (513) 878-7733

    License(s): KY: 242197

    Kentucky

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