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LOUISVILLE, KY. — Amherst, Mass.-based Gross & Cohen Real Estate Investors LP has acquired Station House Square, an off-campus student housing complex near the University of Louisville.
LOUISVILLE, KY. — Amherst, Mass.-based Gross & Cohen Real Estate Investors LP has acquired Station House Square, an off-campus student housing complex near the University of Louisville. Station House Square contains 95 units with 179 beds and is located less than 1 mile from the campus. While the purchase price was not released, Gross & Cohen assumed an existing HUD loan and had to make a significant equity down payment to acquire the property. The company plans interior and exterior improvements and enhancement of existing amenities.