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Group Sells Kentwood Apts. for $17.1 Million

Investors Buy 724-unit Multifamily Portfolio
By Chris Stephens
March 21, 2006 | 6:24 P.M.

An investment group led by TG Walnut Hills LLC purchased the 41 buildings at 4551 Hunter South Ridge Drive, 4645 Drummond Blvd. and 4141 Walnut Hills Drive for $17.1 million, or about $23,619 per unit. The sellers were a group of companies that included Brenton Court Associates LLC, Brenton East Associates LLC, Hunters Ridge Apartments LLC and Walnut Hills Associates.

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