Halaby Capital Acquires Multifamily Property In Nashville For $9M
1100 Thompson Pl Nashville, TN 37217, USA
$9,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 12, 2022
AI
A multifamily property located at 1100 Thompson Place in Nashville, TN was recently sold in a transaction on December 12, 2022. The property consists of 84 units, amounting to a per unit price of $107,143. The sale price for the property was $9,000,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $9,000,000
- Address: 1100 Thompson Place, Nashville, TN
- Market: Nashville, TN
- Buyer: Halaby Capital
- Broker: Ben Crawford - Marcus & Millichap
- Units: 84
- Price Per Unit: $107,143
The buyer of the property was Halaby Capital, represented by their broker Ben Crawford from Marcus & Millichap.
Players
Nashville MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93