Cross Keys & Woodridge – CONTRACT PENDING Lexington, KY

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Property type:Multifamily

The space

  • Year Built: 1970
  • Units: 166 (160 residential + 6 retail)

Description

CLICK HERE FOR OFFERING MATERIALS

Silvestri Real Estate is pleased to present the exclusive listing of Cross Keys & Woodridge (CK&W) Apartments.  This 166-unit opportunity is located only seven minutes from Bluegrass Airport, making investor visits incredibly convenient.  While this is a split-site opportunity, Cross Keys Apartments are only two minutes (0.5 miles from Woodridge Apartments).  Both assets have undergone a significant amount of capital improvements, but still offer value add potential to the new owner.  The owners have infused more than $1.8 million in capital improvements since 2019, much of which was non-revenue enhancing.

Cross Keys Apartments: 1021, 1025, 1029, 1033, 1037 Cross Keys Road

Woodridge Apartments: 1545, 1656 Alexandria Drive

 

CLICK HERE FOR OFFERING MATERIALS

 

Contact the Agent

Ken Silvestri

Owner/Principal Broker
Ken Silvestri  has deep roots in Lexington.  As a youngster in the 1960’s he worked at his grandfather’s fruit stand located in downtown. He is the owner and principal broker at Silvestri Real Estate. Ken began his career in residential real estate in 1990. By 1994, he was recognized as one of the top producing agents in the United States at Re/max International.   In 2000, he transitioned to apartment community brokerage. And that is now his Teams specialty.  Their tagline is ‘Single Focus-Multifamily’.    The team has brokered over 8000 apartment units in Lexington with total lifetime sales near one billion dollars. He and his wife Tammy (of 37 years) own apartments in Lexington and have their offices at Goodwin Square. Ken is a board member of Fayette Alliance. Ken is an avid hiker and photographer capturing landscapes from Patagonia to New Zealand. Check out my recent appearance on “Elevate with Tyler Chesser” podcast! E239…