Updated Oct 28, 2024
Stonelake Capital Holdings Acquires 18.26 Acres Industrial Property In Nashville, TN For $57.5M
3520 Ambrose Avenue, Nashville, Tennessee 37207, United States
$57,500,000
$139/SF
Building Size
413,750 SF
Asset Type
Industrial
Closing
Sep 7, 2022
About this deal
AI
An 18.26-acre industrial property located at 3201-3520 Ambrose Ave in Nashville, TN has been sold for a total price of $57,500,000. The property is situated in a desirable market, offering ample space for industrial activities.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $57,500,000
- Address: 3201-3520 Ambrose Ave, Nashville, TN
Stonelake Capital Holdings, LLC is the buyer of this industrial property. The purchase was facilitated by Max Smith and Zac Cypress from the Colliers agency, who represented Stonelake Capital Holdings, LLC in the deal.
Nashville-Davidson Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.28%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93