LEXINGTON, KY — Capstone Companies is pleased to announce the successful on-market sale of Rand at Lansdowne, a distinguished 1968-construction garden-style multifamily apartment community located in Lexington, KY, consisting of 143 units spread across 5.82 acres.

Under the guidance of Capstone Partner Adam Klenk, alongside Austin Heithcock, Jordan Arand, Josh White, Blake Wiser, and Quentin Nichols, the transaction was completed with the buyer, Miramar, and the seller, Knoxville-based Rand Partners.

The property’s prime location in southeast Lexington, coupled with its well-kept amenities, excellent curb appeal, and recent capital improvements, positions Rand at Lansdowne as a highly desirable asset within the market. Notable features include a premium exterior improvement project, top-tier community amenities such as a playground, swimming pool, fitness center, grilling area, billiards center, and a dog park, all contributing to an inviting atmosphere for tenants.

Furthermore, the property’s proximity to high-end retail establishments such as Whole Foods and Fayette Mall, along with major employers, provides tenants with quality living experiences in a vibrant community. Lexington continues to be a hotspot for multifamily investment, further solidifying Rand at Lansdowne’s position as a premier asset in the region.