3489 LANSDOWNE DR Lexington KY 40517

Capstone is pleased to present Rand at Lansdowne, a 143-unit garden-style apartment community located within the southeast Lexington, KY submarket. Investors are offered a highly attractive assumable 3.53% interest rate loan with remaining interest only periods. The loan expires in September of 2029, providing investors six years before the loan becomes due, and the ability to introduce dynamic strategies towards the capital structure. Investors have the opportunity to raise rents by completing a low-cost value-add strategy and boost NOI significantly within the first two years of ownership. Rand at Lansdowne has been exceptionally maintained, complete with a premium exterior improvement project and community amenity package, along with a recently updated roof and parking lots to exhibit a polished curb appeal to travelers along Lansdowne Drive. Ideally located within south Lexington, Rand at Lansdowne offers a superior location within proximity to the most prominent submarket with a variety of retail (including Whole Foods and Fayette Mall), entertainment, and major employers in a high barrier to entry market. Rand at Lansdowne offers an attractive loan assumption with a desirable amenity package and diverse operational strategies located within an appealing submarket of Lexington, KY.

Download Offering Materials: https://www.capstone-companies.com/property/rand-at-lansdowne

• Attractive Low-Interest Rate Assumable Debt

• Cost Efficient Value-Add Opportunity

• Well-Kept Amenity Package

• Irreplaceable Location with High Barriers to Entry