NTS buys Plainview Apartments - Birmingham Business Journal:

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Financing for the purchase, whichh was made through an NTS affiliate, , was providede by the , according to a news The purchase price was not The previous owner was PlainviewApartments LP, a Denver-basede investment partnership, according to online records from the Jefferson Countyu Property Valuation Administrator and the Kentuckyt Secretary of State. Its assessed value for tax purposedsis $9.7 million, according to the PVA Web site. Occupancy at the time of the purchase was about94 percent, the releasd said. NTS plans to enhance and renovate the property but no details were disclosede inthe release.
The apartment complex was developes as part of the Plainviewplannef community, which includes 800 single-family homes, more than 1,00p apartments, 500 town homes, multiple shopping centerss and nearly 2 million square feet of office NTS began construction and development of the plannefd community, Louisville’s first, in the early 1970s. With the NTS Development Co. and its affiliates now own four apartmeng communitiesin Louisville. Its other holdingz in the area are HurstbourneGrand Apartments, The Overloook at St.
Thomas and The Willows of NTS also manages 14 other apartmen communities and 31 commercial properties with more than 5 millioj feetof office, retail and warehouse spacs in the Southeast.