Mill Creek Acquires Mixed Use Property In Nashville For $35M
825 6th Avenue South, Nashville, Tennessee 37203, United States
$35,000,000
Building Size
—
Asset Type
Mixed-use
Closing
Aug 14, 2022
About this deal
AI
The mixed-use property located at 825 6th Ave S in Nashville, TN has been sold for a transaction amount of $35,000,000. The property is situated in a bustling market in Nashville, offering a combination of commercial and residential spaces.
Summary of transaction details
- Property Type: Mixed use
- Transaction Amount: $35,000,000
- Address: 825 6th Ave S, Nashville, TN
Mill Creek has acquired the property as the buyer in this transaction. The deal represents a significant investment for Mill Creek in the Nashville market, highlighting their interest in mixed-use properties.
Players
Nashville-Davidson Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93