Updated Oct 21, 2026
Mark Moorhouse Of Dominium Acquires 3.56 Acre Development Site In Nashville For $5.7M
2500 Buena Vista Pike & 2506 Buena Vista Pike
$5,700,000
Units
244
Asset Type
Development Site
Closing
Oct 20, 2026
About this deal
AI
A development site located at 2500 and 2506 Buena Vista Pike in Nashville, TN has been sold. The transaction involved a total of 3.56 acres of land, acquired for a price of $5,700,000. The property is situated in the Bordeaux area and is planned for the construction of a seven-story residential building comprising 244 units, bordered by the Cumberland River.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $5,700,000
- Location: 2500 & 2506 Buena Vista Pike, Nashville, TN
- Acres: 3.56
- Buyer: Mark Moorhouse
- Buyer’s Company: Dominium
- Market: Nashville, TN
Mark Moorhouse represents Dominium, a Dallas-based developer specializing in affordable housing. The acquisition focuses on a site that is strategically positioned along the Cumberland River, intended for a large-scale residential development.
On the Map
$5,700,000
Development Site
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Players
Pike Development Site Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93