CK Sells Largest Apartment Complex in the State of Kentucky

December 20, 2012

Press Release

 

FOR IMMEDIATE RELEASE

Contact:

Craig Collins

502.589.5150

 

COMMERCIAL KENTUCKY, INC. SELLS LARGEST APARTMENT COMPLEX IN THE STATE OF KENTUCKY

 

LOUISVILLE, KY, December 20, 2012 – Craig Collins of Commercial Kentucky, Inc. and Mike Kemether of Cushman & Wakefield of Georgia represented a Louisville, Kentucky based developer in the sale of Park at Hurstbourne.  This 689-unit apartment complex is the largest market rent apartment complex in Kentucky. The purchase price was $39,225,000.00 Commercial Kentucky, Inc.’s marketing campaign generated bids from New York to California.  The buyer, Louisville Property LLC, is planning an upgrade of the community.

Commercial Kentucky, Inc., a member of the Cushman and Wakefield Alliance, offers its clients market research expertise, appraisal services, in addition to office, industrial, retail and investment real estate brokerage services.  As a member of the Cushman & Wakefield Alliance, Commercial Kentucky, Inc. provides their clients with the outstanding quality service they have grown to expect on a local, national and international level through 14,000 professionals in over 243 offices throughout the world.

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