Springs at Winchester Lexington, KY

$35,500,000
Property type: Multifamily

The space

  • Year Built: 2014
  • Units: 252
  • Price per Unit: $140,873
  • Sold: Off Market
  • CAP Rate: 5.79%

Description

A Boston based investment group, West Shore, LLC, has acquired a class ‘A’ property in the very popular Hamburg
area (‘A’ location).

The Wisconsin based national developer, Continental Properties – 8th largest developer in the country*, built the asset in 2014 and is currently developing additional class ‘A’ product in both strong markets of Lexington and Louisville, KY. The townhome-style community features granite, gated access and a pet spa among other high-end amenities

Contact the Agent

Robert Jones

VP Investment Sales
Robert is the VP of Multi-Family Investment Sales for Silvestri Real Estate. When you ask other team members about Robert, they are quick to say that “he basically ‘holds it all together’ for the rest of us.” Robert’s true focus is sourcing off-market opportunities, specifically in the Louisville and northern Kentucky markets. His background includes onsite management for a REIT as well as senior level management for a privately held multi-family investment group. He currently serves as Secretary for the Greater Lexington Apartment Association.