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Spyglass Capital Partners Sells Paddock Club Apartments Near Cincinnati

Local Investment Shop Buys 200-Unit Complex for $28 Million
The 200-unit Paddock Club Apartments in Florence, Kentucky, was built in 1995 and renovated in 2019. (CoStar)
The 200-unit Paddock Club Apartments in Florence, Kentucky, was built in 1995 and renovated in 2019. (CoStar)
By Temitope O. Berry
CoStar Research
April 13, 2020 | 6:13 P.M.

Spyglass Capital Partners, a full service investment firm based in Demarest, New Jersey, has sold Paddock Club Apartments in Florence, Kentucky, to Cincinnati investment shop PLK Communities for $28 million, or $140,000 per unit.

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