Sperry Van Ness Lexington is pleased to offer Tarleton Crossing which is a distinctive and unique multifamily property. Conveniently located in a quiet neighborhood setting, while still being close to major arterial streets, it provides a quality home for its residents on its 9.91 acres with grass, open areas and mature trees. Built in 1979, its 124 apartments are in excellent condition with many upgrades including fully equipped kitchens, spacious floor plans, ceramic tile floors, ceiling fans, central HVAC, window coverings, and washer/dryer hook-ups in some 2 bedroom units (a full listing of 28 Property Amenities is available in the documents section). Its 220 parking spaces afford an additional convenience for its residents. In addition, there is a separate fully equipped Laundry Building centrally located on the property. There have been extensive Capital Improvements on a continuing basis, including total roof replacement on all buildings in 2013, and there is no deferred maintenance on the property. The Management Office and Pool are in a beautiful setting. The property has professional on-site leasing personnel and full time maintenance staff. Not only is this property stabilized and cash flowing, but there are opportunities for a value-add element to enhance future profitability which is all detailed in the document tab of this website. Sales Info: ■ Commision split: 1.5% Location Description: The Bluegrass has been rated as one of America's premier regions by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential. Highlights: ■ 124 Unit Multifamily Offering on 9.91 acres ■ Fully stabilized and cash flowing, with opportunity for value-add available ■ Conveniently located in a quiet neighborhood setting ■ Extensive Capital Improvements have been made with no deferred maintenance « show less
Sperry Van Ness Lexington is pleased to offer Tarleton Crossing which is a distinctive and unique multifamily property. Conveniently located... show more »
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