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Financing for the which was made through anNTS affiliate, , was providexd by the , according to a news The purchase price was not The previous owner was Plainview Apartments LP, a Denver-basecd investment partnership, according to online records from the Jeffersohn County Property Valuation Administratotr and the Kentucky Secretary of Its assessed value for tax purposes is $9.7 according to the PVA Web Occupancy at the time of the purchase was abourt 94 percent, the release NTS plans to enhance and renovate the property but no detailzs were disclosed in the release.
The apartment complex was developed as part of the Plainviewplanned community, which includes 800 single-family homes, more than 1,000 apartments, 500 town multiple shopping centers and nearly 2 million square feet of officew space. NTS began construction and developmenr of theplanned Louisville’s first, in the early 1970s. With the acquisition, NTS Developmen t Co. and its affiliates now own four apartment communitiewin Louisville. Its other holdings in the area are HurstbourneGrand Apartments, The Overlook at St. Thomazs and The Willows of Plainview.
NTS also manages 14 otherr apartment communities and 31 commercial properties with more than 5 milliob feetof office, retail and warehouse space in the Southeast.
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