Q2 2012 Louisville, Kentucky Apartment Property Sales Analysis

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Q2 2012 Louisville, Kentucky Apartment Property Sales Analysis


There were no apartment investment sales in the second quarter of 2012. There were five in 2011, Reis reports, totaling $97.2 million for a mean price per unit of $67,000. The mean cap rate for these five sales was 7.0%. There has not been an apartment investment sale here since the third quarter of 2011.