Enfield Capital Partners Acquires 424-Unit East Chase Apartments In Louisville For $59M

The asset involved in the transaction is a multifamily property known as East Chase Apartments, located at 1700 Somerset Place in Louisville, KY. The property was acquired for $59 million, reflecting a price per unit of $139,151. It includes 424 units, featuring one- and two-bedroom layouts as well as amenities such as two pools, a fitness center, and a tennis court. The property was developed in 1986.

Cushman & Wakefield represented the transaction for Enfield Capital Partners in this deal involving a significant acquisition of a multifamily asset. The transaction underscores the active interest in multifamily properties within the Louisville market.