SOLD
Fairfield Residential Acquires Multifamily Complex From GVA Real Estate For $51.8M
1000 Enclave Circle
MultiFamily
Sold 14 days ago
Summary
Sale
TENNESSEE
MultiFamily
The 380-unit Landmark at Wynton Pointe complex in South Nashville was sold for $51.8 million, at an average price of approximately $136,289 per unit. The buyer, Fairfield Residential, acquired the property from the seller, GVA Real Estate. Fairfield Residential's purchase of this complex marks their fourth acquisition of an apartment in Nashville this year. GVA Real Estate has been actively involved in real estate transactions in the Nashville market since 2019.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $51,800,000
- Units: 380
- Price Per Unit: $136,289
- Buyer: Greg Pinkalla - Fairfield Residential
- Seller: Alan Stalcup - GVA Real Estate
- Address: 1000 Enclave Circle, Nashville, TN
Fairfield Residential, led by Greg Pinkalla, represented the buyer, while Alan Stalcup from GVA Real Estate represented the seller in this transaction.
Details
SOLD
IMAGE: 04/19/2024
ADDRESS: 1000 Enclave Circle
MARKET: Nashville, TN
ASSET TYPE: Multifamily
BUYER: Greg Pinkalla - Fairfield Residential
SELLER: Alan Stalcup - GVA Real Estate
SALE PRICE: $51,800,000
UNITS: 380 ~ PPU: $136,316
NOTE: Fairfield Residential bought the 380-unit Landmark at Wynton Pointe complex in South Nashville for $51.8 million, at around $136,289 per unit. GVA Real Estate, the seller, has sold multiple properties to Fairfield, marking the latter's fourth Nashville apartment purchase this year, amid GVA's active real estate transactions in the Nashville market since 2019.View on map
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Address1000 Enclave Circle
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