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64 Unit Multi-Family Apt. Complex
Absolute Auction On-Line Bidding Only
Lender Owned - End of Year Opportunity
Garden Brooke Apartments, Lexington, Kentucky
Register to Bid at www.taabid.com

Online Auction:
Starting December 14th at 9:00am and ending December 15th at 4:00PM ET

Property Address:
1320-1368 Alexandria Drive
Lexington, KY 40504

(online bidding only)

Property Number:
TAA-1076

Inspection:
December 10th - 12:00PM

Contact:
Tranzon Asset Advisors
Steve Cooney, CAI
888-791-7307 Ext. 83
scooney@tranzon.com

  • 64 Unit multi-family complex – 48 units currently operational and 100% leased – 8 more units coming online in December 2010 w/waiting list of tenants
  • Excellent location just 0.20 miles from Versailles Road
  • Minutes from the Keenland, Airport, retail, U of K and downtown Lexington
  • Eight two-story garden style apartment buildings – 8 units per bldg
  • Built in 1971 and 1972 with renovations in 2009 and 2010
  • All units are 2 bedroom/1bathroom configurations w/825sf+/-
  • Site Area: 2.90 +/- Acres – Parking: Asphalt Parking – 78 Spaces
  • Utilities: water and sewer utilities are metered for the entire property and paid by the landlord. All units are individually metered for electric. All units are equipped with electric hot water heaters. – currently all
  • Appliances include a refrigerator, range/oven, and ventless range hood.
  • Zoning: High Density Apartment District (R-4)
Edward Durnil, KY Auctioneer/Broker #P1734
in cooperation with Prudential Commercial Real Estate, Don Sebastian
Prudential Commercial Real Estate




www.tranzon.com

Agency Disclosure: Brokers are acting as auctioneer/agent for the Seller only. Information contained herein is believed to be correct to the best of agent's/auctioneer's knowledge but is subject to inspection and verification by all parties relying on it. Seller's, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Tranzon Asset Advisors is a member company of Tranzon, LLC. The member companies of Tranzon are independently owned and operated.

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