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Financing for the purchase, whicbh was made through an NTS , was provided by the , according to a news The purchase price wasnot disclosed. The previouds owner was PlainviewApartments LP, a Denver-based investment according to online recordes from the Jefferson County Property Valuation Administrator and the Kentuckg Secretary of State. Its assessed value for tax purposeszis $9.7 million, according to the PVA Web Occupancy at the time of the purchasew was about 94 the release said. NTS plands to enhance and renovate the property but no detailws were disclosed inthe release.
The apartmeny complex was developed as part of the Plainviewplannerd community, which includes 800 single-familyy homes, more than 1,000 apartments, 500 town homes, multiple shopping centers and nearly 2 million squars feet of office space. NTS begabn construction and development of theplanned Louisville’s first, in the early With the acquisition, NTS Development Co. and its affiliateas now own four apartment communities in Its other holdings in the area are HurstbourneGrandx Apartments, The Overlook at St.
Thomas and The Willows of NTS also manages 14 othee apartment communities and 31 commercial properties with more than 5 milliomn feetof office, retail and warehouse spacwe in the Southeast.
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