Thursday, November 5, 2009

Engler Financial Presents Lexington Park at Westchase in Tampa, FL


ATLANTA, GA--Engler Financial Group, LLC is proud to present Lexington Park at Westchase, (top right photo) a 400-unit class “A+” apartment community built in 2002 in Tampa, Hillsborough County, Florida.

The Property is located along the west side of Countryway Boulevard, just north of West Linebaugh Avenue within the upscale Westchase planned community.


Lexington Park at Westchase is being offered for sale on an “unpriced” basis and represents an exciting opportunity to purchase a well-located core Class “A+” multifamily community at a significant discount to new replacement cost.

The property has favorable assumable financing in-place with a $24,908,000 principal amount, May 2016 maturity date, 5.51% fixed interest rate, and “interest only” payments until June 2011

Contacts:

Greg Engler, CEO/President, 678/992-2000, ext. 1, gengler@efgus.com
Pat Jones, Senior Vice President, 678/992-2000, ext. 2, pjones@efgus.com
Kris Mikkelsen, Senior Associate, 678/992-2000, ext. 4, kmikkelsen@efgus.com

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