FAQ | The Mark at Lexington Apartments |
Same Great Location — New Owners and New Management
Who manages The Mark at Lexington?
As of June 2020, Capstone Real Estate Investment, a nationally
recognized and top-ranked student housing provider, took over
management of this community. Known in the industry for
demonstrating the highest levels of integrity and service, we are
pleased to bring our team to The Mark at Lexington.
Do I need a lease guarantor?
We screen all applicants and require a guarantor or additional
security deposit on all leases. The security deposit varies by
floor plan. You can ask a leasing specialist for details by calling
our office today!
What is an individual lease?
When you sign an individual lease, you are only responsible for
your rent; in other words, you have no liability for the rent of
the other apartment residents. If your roommate transfers or
graduates, you have no responsibility for their financial
obligations. This is a significant advantage over the joint and
several leases (where each resident is liable for the rent of all
residents in the unit) which are often used at rental houses and
other apartment properties in the area.
How can I pay my rent?
Rent is due on the first of every month and can be paid in the
office with a check or money order. If you prefer to pay with a
credit or debit card, you can set up one-time or recurring payments
What utilities are included?
We include several things with your rent! As a resident, all of
your utilities, excluding electric, are covered. Cable and internet
are also included with only a $99 Telecom fee being required for
new residents for the account setup and administration.
Are the apartments furnished?
Yes, each apartment comes fully furnished!
What if I do not have roommates in mind?
That's no problem at all! We can pair you up with people who
have similar lifestyles, interests, etc. Just fill out the Roommate
Matching form during the application process, and leave the rest to
Is renter's insurance required?
Yes, our community requires each resident to carry an active
tenant liability policy for damage to the landlord’s property
during the term of their lease. We require a minimum of $100,000 in
general liability coverage. We also recommend residents purchase
content coverage (also known as personal property insurance) to
cover your personal belongings.
What are your lease terms?
The Mark at Lexington offers 10- and 12-month installment
What are the leasing fees?
The fees for a new lease are a $25 application fee and a $150
Are you pet friendly?
The Mark at Lexington is pet-friendly! We recognize the
important role pets play in our residents' lives and have modified
our policies to welcome pets! Pet rent is $30 per month and there
is a one-time pet fee of $300.
Is on-site parking available?
We have plenty of parking for both our residents and their
guests. Even better is that it's free and included in your