A subsidiary of Waypoint Real Estate Investments has sold the luxury garden-style Apex on Preston apartment property in Louisville, Ky. The sales price was $54 million. The new owner is The Brookview Co.
Apex on Preston was part of Waypoint Real Estate Investments’ greater multi-housing portfolio, currently consisting of 58 properties and totaling 12,682 units across the country with a focus on the Sunbelt region.
The apartments were built in 2015, sit on 14.8 acres, total 304,712 rentable square feet and consist of 312 units with one-, two- and three-bedroom floorplan options. Unit amenities include front-loading washers and dryers, granite countertops, oversize garden tubs, high ceilings, and patios/balconies. Community amenities include a car washing area, business center, courtyard, clubroom with TVs and fireplaces, outdoor lounge with grilling areas, resort-style swimming pool, and a state-of-the-art fitness center.
Located at 11602 Apex View Drive, Apex
