Robert Holder Of Holder Properties Acquires 1.41 Acres In Nashville From Laura Hines-Pierce For $9.1M
1231 Martin Street
$9,100,000
Building Size
—
Asset Type
Land
Closing
Oct 29, 2025
About this deal
AI
The asset involved in this transaction is a 1.41-acre piece of land located at 1231 Martin Street, situated in Nashville, TN. The property was sold for $9,100,000.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $9,100,000
- Buyer: Robert Holder - Holder Properties
- Seller: Laura Hines-Pierce - Hines
- Date of Sale: 10/29/2025
Laura Hines-Pierce, representing Hines, sold the six-parcel site to Robert Holder, who represents Holder Properties. Hines acquired the property for $6,500,000 in 2019 before this sale.
On the Map
$9,100,000
Land
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.74%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93