Capital Square has acquired Lyric at Norton Commons, a Class A+, 273-unit mixed-use multifamily community in the Louisville, KY suburb of Prospect. The community was acquired on behalf of CS1031 Lyric at Norton Commons Apartments, DST, which seeks to raise $68 million in equity from accredited investors and has a minimum investment requirement of $50,000.

Lyric at Norton Commons sits at 11210 Peppermint Street and offers one-, two- and three-bedroom units averaging 956 square feet. Amenities include fitness center, saltwater swimming pool with cabanas, resident lounge, business center, pet spa, indoor meditation space, movie room, multiple outdoor courtyards.

The four-acre Lyric property is located within the 600-acre Norton Commons master-planned neighborhood, which features a 150-acre system of parks, squares, plazas, walking trails, recreational and civic amenities. The Norton Commons town center is home to more than 90 restaurants and shops plus three schools.