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The Stretch, a 170-unit, 533-bed student housing community serving the University of Kentucky in Lexington, has sold to GMH Communities. The seller was a joint venture between Tramview Capital Management and Campus Advantage.
The community is situated less than a mile from campus at 1051 Red Mile Rd. It features two-, three- and four-bedroom units averaging 1,155 square feet. The Stretch, completed in 2009, features amenities including a clubhouse, pool, hot tub, fitness center, basketball/pickleball court, volleyball court, study rooms, tanning salon and outdoor grilling areas.