We knew that our business model...was successful in the resort areas in which we worked, but Audubon Woods proves this model is applicable in primary home markets, as well.
Naples, FL (PRWEB) November 16, 2011
Patten Sales and Marketing, a Naples, FL-based real estate investment subsidiary of Patten Family Companies, announces the sellout of all twenty-seven units of the Audubon Woods mid-rise condominium project in Louisville, KY. Patten Sales and Marketing through its affiliate, Audubon Woods, LLC, acquired the units from Compass Bank earlier this year.
Michael S. Patten, CEO of Patten Sales and Marketing noted, “The sale of all the units at Audubon Woods is particularly gratifying for our company. We knew that our business model of acquiring only high quality projects at significant savings and passing those values on to our customers was successful in the resort areas in which we worked, but Audubon Woods proves this model is applicable in primary home markets, as well. ” Most of the units sold at Audubon Woods were to customers who intend to make the units their primary residence.
The twenty-seven units Patten Sales and Marketing acquired ranged in size from 1,720 square feet to 4,232 square feet and offered two bedroom, three bedroom and four bedroom floor plans.
About Audubon Woods
Audubon Woods, a condominium community in Louisville, KY, offers outstanding value located just two miles from the University of Louisville, ten miles from downtown Louisville and adjacent to the Audubon Country Club. The project features two, three and four bedroom layouts ranging in size from 1,720 square feet to 4,200 square feet. Amenities include a game room, theater room, exercise room, business center, 10,000 square foot outdoor patio, and assigned underground parking.
About Patten Sales & Marketing
Patten Sales & Marketing, LLC is the nation’s foremost provider of services that assist banks, equity investors, real estate investment funds, and developers with the timely liquidation of real estate owned (REO). The company implements strategic options that convert REO into cash quickly. As a division of Patten Family Companies, Patten Sales & Marketing brings to bear over 100 years of experience in all phases of the real estate cycle including financing, development, workout, and disposition services to capitalize on opportunities in condominiums, resorts, office buildings, golf courses, and land. For more information, please visit http://www.pattensm.com.
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