M3 Multifamily Acquires Newport Station Apartments In Thompsons Station For $52.6M

The property involved in the transaction is a 13-acre multifamily asset located at 1635 Bryson Cove in Thompsons Station, TN. The buyer, M3 Multifamily, acquired the Newport Station apartments, which consists of 192 units. The sale price for this transaction was $52,600,000, making the price per unit approximately $273,958.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $52,600,000
• Address: 1635 Bryson Cove
• Market: Thompsons Station, TN
• Acres: 13
• Units: 192
• Price Per Unit: $273,958
• Seller: John Maher Builders
• Seller's Representative: Marcus & Millichap

The transaction was completed on March 23, 2026. M3 Multifamily's acquisition of the Newport Station apartments reflects their ongoing investment in the multifamily sector in Williamson County, Tennessee.