Bosa Development Acquires Mixed-Use Property In Nashville, TN From Dairy Farmers Of America For $66M
1401 Church Street, Nashville, Tennessee 37203, United States
$66,000,000
Building Size
—
Asset Type
Mixed-use
Closing
Oct 30, 2022
AI
The mixed-use property located at 1401 Church Street in Nashville, TN has been sold in a recent transaction. The property spans across 3.2 acres and was sold for a total price of $66,000,000. The sale was completed on October 31, 2022.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $66,000,000
- Address: 1401 Church Street, Nashville, TN
- Market: Nashville, TN
- Acres: 3.2
The buyer in this transaction is Bosa Development, while the seller is Dairy Farmers of America. The deal was facilitated by brokers Tarek El Gammal and Vincent Lefler from Newmark.
Players
Nashville-Davidson Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93