Beitel Group Acquired Chestnut Ridge Apartments in Louisville, KY
Beitel Group, a New York-based single-family office, has acquired Chestnut Ridge Apartments, a 384-unit apartment complex in Louisville, Kentucky.
The Property Chestnut Ridge Apartments comprises of 12 3-story brick buildings comprising 369,792 square feet and has various floorplans that have 1, 2, and 3-bedroom options.
Beset by eateries, retail, recreation, and some of the best parks in the area, Chestnut Ridge extends a small-town feel that provides to the work/live/play lifestyle.
The property is located just off Taylorsville Road in the well-known Jeffersontown, Kentucky, a high-growth submarket in Louisvilles prosperous east end. The nearby Gaslight Square District is a flourishing and thriving modern town square that blends with its historic roots.
The brick-lined sidewalks with running gaslights are home to a vigorous restaurant, retail, and art scene. The yearly Gaslight Festival is an 8-day event that brings in over 200,000 people to the area.
