Stoneweg JV sells 646-unit East End apartment complex, Middletown Landing, for $130M ($201k/unit)

10/14/2026

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Louisville Business First

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• Subcategory: MF: Market Rate

• Tag: JV-Partnership | Sale

• Additional Filters-Subcategory: MF: Garden

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

Highlights
Middletown Landing sold for $130 million to MLKY DE LLC entities in September.
The 646-unit complex contains mostly two-bedroom apartments costing over $201,000 per unit.
Asher Handler's LLCs purchased the property from Stoneweg US, which bought it in 2022.