NTS buys Plainview Apartments - Jacksonville Business Journal:

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Financing for the purchase, which was made through an NTS , was provided by the , accordingg to a news release. The purchase price was not The previous owner was PlainviewApartments LP, a Denver-based investment partnership, according to online recordws from the Jefferson Countty Property Valuation Administrator and the Kentucky Secretarhy of State. Its assessed value for tax purposeswis $9.7 million, according to the PVA Web Occupancy at the time of the purchase was abou 94 percent, the release said.
NTS plansw to enhance and renovate the property but no details were disclosed in the The apartment complex was developed as part of the Plainvieplanned community, which includes 800 single-family more than 1,000 500 town homes, multiple shopping centere and nearly 2 million square feet of office space. NTS began construction and development of theplanned community, Louisville’zs first, in the early 1970s. With the NTS Development Co. and its affiliates now own four apartmen t communitiesin Louisville. Its othed holdings in the area are HurstbourneGranfd Apartments, The Overlook at St. Thomas and The Willow s of Plainview.
NTS also manages 14 otherd apartment communities and 31 commercial properties with more than 5 millio feetof office, retail and warehouse space in the Southeast.