LOUISVILLE, KY. — A joint venture between Four Mile Capital and Midloch Investment Partners has acquired Frontgate Apartments, a 212-unit complex located in Louisville, for $38.3 million. Four Mile assumed an existing fixed-rate HUD loan on the property valued at approximately $27 million. The seller was not disclosed. Built in 2020, Frontgate Apartments offers a mix of one-, two- and three-bedroom floorplans, with an average size of 1,125 square feet. Amenities include a clubhouse, resort-style
This content is for informational purposes only and does not constitute investment advice. Always consult with qualified professionals before making investment decisions.
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