| Ashland Apartments at 1328-1345 Devonport Drive presents an 84-unit, garden-style complex consisting of 52 two-bedrooms and 32 three-bedrooms. |
| Easy access to New Circle Road, Lexington’s 19-mile inner Beltway, which easily connects to downtown, the Historic District, and other POIs. |
| Robust renter demand in the immediate area, this opportunity offers a stable and income-generating asset with vast upside. |
| Site and unit features include modern new appliances, an on-site coin laundry facility, on-site property management, and spacious floor plans. |
| Approximately 3.5 miles from the University of Kentucky, enrolling about 38,700 students, and no on-campus living mandate, adding to renter demand. |
| Surrounding demand generators include the Shoppers Village Center, Commonwealth Plaza, Commonwealth Stadium/Kroger Field, and more. |
Zak Smith
CBRE
