East Nashville multifamily

Multifamily | Nashville, TN

Photo: Google Maps

Investment highlights

  • Amenities include a 24-hour fitness center, yoga room, swimming pool, fire pit, grilling station, rooftop deck, clubhouse, music room, art room and dog park.
  • The property’s location provides easy access to nearby employment, entertainment and retail in the nearby Nashville area.
  • East Nashville is a high-growth submarket with multiple demand drivers: Oracle’s new construction (1.2 million square feet) and Amazon’s expansion (1.4 million square feet), both five minutes from the property.

Investment details1

Total loan size
$62,100,000
Purpose
Acquisition financing
LTV
75%
Year built
2003
Square feet
201,729
Portfolio weight
0.8%
Description
Acquisition financing of a newly built, well-occupied, class A multifamily in East Nashville

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