Link to Deal Room and Financials: https://www.marcusmillichap.com/properties/187918/taylorwood-apartments
Marcus & Millichap has been selected to exclusively market for sale the Taylorwood Apartments in Ashland, KY. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in Northeast Kentucky.
Taylorwood Apartments is a 20-unit multifamily community located in Ashland, KY, a regional hub along the Ohio River at the tri-state border of Kentucky, Ohio, and West Virginia. The property is master-metered with owner-paid trash and cable included in rent. With solid physical condition and operational efficiencies in place, Taylorwood presents a compelling value-add opportunity through strategic interior upgrades and rent optimization in a market with strong rental demand and below-market current rents.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
At no point should tenants or staff be contacted regarding the sale of the Taylorwood Apartments.