Lexington Park

Lexington Park

Lexington, NC
Under Contract
  • Property Type: Apartments
  • Property Size: / 14.71 Acres / 62 Units

Overview

Capstone Apartment Partners is pleased to present the opportunity to acquire Lexington Park Apartments: a 62-unit garden apartment and townhome community located in Lexington, North Carolina. Lexington Park offers an extremely well-maintained asset that has benefited from significant capex and an in-place value-add program.

Investment Highlights

Existing Value Propositions

Ideally Positioned in Market

In-Place Initiative to Build on

Minimal Deferred Maintenance and Substantial Recent Capex Creates Optimal Value-Add Scenario

Desirable Walk-Up Units with Large Floorplans

Davidson County’s I-85 Corporate Center’s Bright Outlook

Convenient Access to I-85, Major Highways, and Downtown Lexington

Additional Land Available for Development

Contact Information

Ron Corrao Director P: 757.749.6994
O: 800.746.3175 ext. 712
ron@capstone-companies.com
Alex McDermott Partner P: 704.533.4865
O: 800.746.3175 ext. 700
alex@capstone-companies.com
Austin Green Director P: 704.962.7454
O: 800.746.3175 ext. 701
austin@capstone-companies.com
James Baker Investment Sales Advisor P: 407.451.3278
O: 800.746.3175 ext. 713
james@capstone-companies.com
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