CARMEL, INDIANA (September 17, 2019) – Lauth Communities, a wholly-owned subsidiary of Carmel-based Lauth Group, Inc, has completed the acquisition of Palomar View Apartments located in Lexington, Kentucky. The recently completed 180-unit complex is located less than 6 miles from downtown Lexington and the University of Kentucky. With the addition of this Class-A property to its multifamily portfolio, Lauth Communities currently has over $115 million in assets under management and ownership. This is Lauth Communities first acquisition outside the state of Indiana.
Palomar View features 1, 2 and 3-bedroom units housed within eight 3-story buildings covering nearly 9 acres. The residences feature nine-foot ceilings, washer/dryer hookups, fully equipped gourmet kitchens with full appliances and tile backsplashes, window coverings, granite counters in the bathrooms, plus access to enclosed garages. The property features a clubhouse with pool, leasing center, onsite exercise gym and is pet friendly.
For more information about leasing opportunities, contact the leasing office at (859) 368-0707 or visit palomarapartmentliving.com.
About Lauth Communities
Lauth Communities, a division of Lauth Group, Inc. was established in 2014. Backed by more than four decades of real estate investment experience, Lauth Communities focuses on the acquisition and management of high quality apartment communities in strategically selected Midwestern markets. Committed to creating a best-in-class experience for its residents, associates and investors, Lauth Communities strives to provide a valued investment in the communities it serves.