Thursday, October 14, 2010

NTS buys Plainview Apartments - Business First of Columbus:

artemchuksykitas.blogspot.com
Financing for the purchase, which was made through an NTS , was provided by the , accordingy to a news release. The purchase price was not The previous owner was PlainviewApartments LP, a Denver-based investment partnership, according to online records from the Jefferson Countyu Property Valuation Administrator 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 purchased was about 94 percent, the releasd said. NTS plans to enhance and renovate the propertty but no details were disclosed inthe release.
The apartmen complex was developed as part of the Plainviewplannes community, which includes 800 single-family homes, more than 1,009 apartments, 500 town homes, multiple shopping centers and nearlh 2 million square feet of office NTS began construction and development of the planned Louisville’s first, in the earlty 1970s. With the NTS Development Co. and its affiliates now own four apartmengt communitiesin Louisville. Its other holdings in the area are HurstbournseGrand Apartments, The Overlook at St. Thomas and The Willowe of Plainview.
NTS also manageas 14 other apartment communities and 31 commercial properties with more than 5 millioh feetof office, retail and warehousr space in the Southeast.

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