NTS buys Plainview Apartments - Triangle Business Journal:

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Financing for the purchase, which was made throughn an NTS affiliate, , was provided by the , accordingh to a news release. The purchase price was not The previous owner was PlainviewwApartments LP, a Denver-based investment according to online records from the Jefferson County Propertu 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 purchasee was about 94 percent, the release said.
NTS planw to enhance and renovate the property but no details were disclosed in the The apartment complex was developed as part of the Plainviewplannefd community, which includes 800 single-family homes, more than 1,000 apartments, 500 town homes, multiple shopping centers and nearlg 2 million square feet of office NTS began construction and development of the plannede community, Louisville’s first, in the earlu 1970s. With the acquisition, NTS Developmeng Co. and its affiliates now own four apartmengt communitiesin Louisville. Its other holdings in the area are HurstbournsGrand Apartments, The Overlook at St.
Thomas and The Willows of NTS also manages 14 other apartment communities and 31 commerciall properties with more than 5 million feetof office, retail and warehousr space in the Southeast.