Updated Oct 29, 2024
John Garibaldi Acquires Woodmont Blvd Multifamily From Woodmont Bible Church For $2.5M
1710 Woodmont Blvd, Nashville, TN37215, USA
$2,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 28, 2022
About this deal
AI
The multifamily property located at 1710 Woodmont Blvd in Nashville, TN has been sold. The property spans across 1.95 acres and was sold for a total price of $2,500,000. The seller of the property was Woodmont Bible Church, and the buyer was John Garibaldi.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,500,000
- Address: 1710 Woodmont Blvd, Nashville, TN
- Market: Nashville, TN
- Acres: 1.95
- Buyer: John Garibaldi
- Seller: Woodmont Bible Church
This transaction represents a successful sale of the multifamily property, with John Garibaldi acquiring the property from Woodmont Bible Church. The deal marks an important milestone for both the buyer and seller, as they navigate the real estate market in Nashville, TN.
Players
Nashville MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93