Multifamily Q Kentucky

NorthMarq Capital sells 94-unit apartment community in Louisville

  
NorthMarq Capital sells 94-unit apartment community in Louisville
NorthMarq Capital sells 94-unit apartment community in Louisville

Noah Juran, vice president of NorthMarq Capital’s Cincinnati regional office, arranged acquisition financing of $5.279 million for Holly Hills Apartments, a 94-unit multifamily property in Louisville.

The transaction was structured with a three-year term on a 25-year amortization schedule with two years interest-only. The apartments offer numerous amenities in a pet-friendly community located near Cherokee Park.