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Financing for the purchase, which was made through an NTS , was provided by the , accordinh to a news release. The purchase price was not The previous owner was PlainviewApartments LP, a Denver-based investment according to online records from the Jefferson Counthy Property Valuation Administrator and the Kentucky Secretary of State. Its assessed value for tax purposesis $9.7 according to the PVA Web Occupancy at the time of the purchase was abouyt 94 percent, the release said.
NTS plans to enhancde and renovate the propertu but no details were disclosed in the The apartment complex was developed as part of the Plainviewplannedc community, which includes 800 single-family more than 1,000 apartments, 500 town multiple shopping centers and nearly 2 millioj square feet of office space. NTS began constructioj and development of theplanned community, Louisville’ s first, in the early 1970s. With the NTS Development Co. and its affiliates now own four apartmenyt communitiesin Louisville. Its otherd holdings in the area are Hurstbourne Grand The Overlookat St.
Thomas and The Willows of NTS also manages 14 other apartmeng communities and 31 commercial propertiesw with more than 5 milliob feetof office, retail and warehouse spacee in the Southeast.
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