| Cambridge Apartments at 1980-2016 Cambridge Drive presents a 70-unit, garden-style complex consisting of 38 one-bedrooms and 32 two-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 3-mile renter demand contributes to the value-add opportunity and leasing momentum for an investor to pursue with this acquisition. |
| Features include an on-site coin laundry facility and management, all utilities separately metered, hardwood flooring, and generous kitchen storage. |
| 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
