News & Highlights

RealSource Acquires The Mill at Georgetown Apartments in Kentucky for $47M

Written by RealSource | Oct 25, 2022 5:28:14 PM

As featured in REBusiness Online October 4, 2022
Also seen on Connect CRE, ReJournals, and CRENews.

GEORGETOWN, KY. — RealSource Properties Multifamily REIT has purchased The Mill at Georgetown, a 228-unit apartment community located at 115 Magnolia Drive in the Lexington suburb of Georgetown. The Salt Lake City-based investment firm purchased the property from an undisclosed seller for $47 million. Situated three miles from Toyota Motor Manufacturing Kentucky, The Mill at Georgetown features one-, two- and three-bedroom townhouse-style apartments. Amenities include a clubroom, fitness center, resort-style pool with a shaded pergola, outdoor lounge, grilling area, and a dog park.