Updated Oct 28, 2024
CWQ Capital Partners LLC Acquires Multifamily Property On Division St, Nashville For $75M
1221 Division Street, Nashville, Tennessee 37203, United States
$75,000,000
Units
275
Asset Type
MultiFamily
Closing
Sep 18, 2022
About this deal
AI
The multifamily property located at 1221 Division St in Nashville, TN has been sold for a price of $75,000,000. The property consists of 275 units with a price per unit of $272,727.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $75,000,000
- Address: 1221 Division St, Nashville, TN
- Market: Nashville, TN
- Units: 275
- Price per Unit: $272,727
CWQ Capital Partners LLC is the buyer of the property.
The multifamily sale at 1221 Division Street, Nashville, Tennessee 37203, United States in Nashville-Davidson, Tennessee sold for $75M in 2022. Reported inventory is 275 units across 275 units. This page is the Nashville-Davidson, Tennessee file for the 1221 Division Street, Nashville, Tennessee 37203, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Nashville-Davidson sit in the Market section below. Filter that Nashville-Davidson multifamily set by closing date to see what else sold near 1221 Division Street, Nashville, Tennessee 37203, United States around 2022. Published consideration for 1221 Division Street, Nashville, Tennessee 37203, United States is $75M, dated 2022. Cite this CWQ Capital Partners LLC Acquires Multifamily Property On Division St, Nashville For $75M sale when underwriting similar multifamily product around Nashville-Davidson, Tennessee.
Players
Nashville-Davidson MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93