Richmond, KY – Silvestri Real Estate completed the successful call for offers sale of Saddlebrook Apartments. After an extensive marketing campaign that saw nine initial offers, the asset was awarded to a California-based investment group making their first purchase in the Kentucky market. The value-add asset, had been meticulously maintained by the seller with almost no deferred maintenance.
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.