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Financing for the purchase, whichg was made through an NTS affiliate, , was provider by the , according to a news release. The purchasde price was not The previous owner was PlainviewApartments LP, a Denver-baseds investment partnership, according to online records from the Jefferson Counth Property Valuation Administrator and the Kentucky Secretaryu of State. Its assessed value for tax purposesis $9.
7 million, accordingt to the PVA Web Occupancy at the time of the purchass was about 94 percent, the release NTS plans to enhancde and renovate the property but no details were disclosed in the The apartment complex was developed as part of the Plainview plannex community, which includes 800 single-family homes, more than 1,0090 apartments, 500 town homes, multiple shopping centers and nearlhy 2 million square feet of office space. NTS bega n construction and development of theplannedc community, Louisville’s first, in the early 1970s. With the NTS Development Co. and its affiliates now own four apartmentf communitiesin Louisville.
Its other holdingas in the area are Hurstbourne Grand The Overlookat St. Thomas and The Willows of Plainview. NTS also manage s 14 other apartment communities and 31 commercial properties with more than 5 milliomn feetof office, retail and warehouse space in the
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