GMH Capital Partners has sold The Courtyards at 845 Red Mile Road to Pittsburgh-based McKinney Properties for $17.4 million.
Designed for students at the University of Kentucky, The Courtyards has 182 furnished apartments in eight, three-story buildings.
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The community also includes a clubhouse, fitness center, swimming pool, computer lab, and outdoor basketball, tennis, and volleyball courts.
GMH is based in Newtown Square, Pa.