Steadfast Income REIT Picks Up Valley Farms Apartments for $15M
LOUISVILLE, KY-Irvine, California-based Steadfast Income REIT Inc. has paid $15.1 million for Valley Farms Apartments, a 160-unit apartment complex in Louisville. The garden-style apartment community, located at 5306 Valkyrie Way, comprises 10 two-story buildings and includes single-, double- and triple-bedroom units.
The 13.5-acre property, constructed in 2007, is currently 97% occupied. This is the forth apartment complex that the company has bought in the Louisville area. For the full story, go to Louisville Business First .
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