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Colorado Investor Buys Avalon Springs Apartments

Blacketer Company Sells Louisville Complex for $22 Million
The 141-unit Avalon Spings Apartments in Louisville was completed in 2018.
The 141-unit Avalon Spings Apartments in Louisville was completed in 2018.
By Temitope O. Berry
CoStar Research
May 18, 2020 | 3:49 P.M.

Colorado-based private investment firm Four Mile Capital Group has purchased the 141-unit Avalon Springs Apartments in Louisville, Kentucky, from Blacketer Company for $22 million, or approximately $156,000 per unit. The acquisition is the first Kentucky asset for the buyer. 

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