Updated Jun 25, 2025
Aaron Friedmann Purchases 83-Unit Multifamily Asset From BLVD Capital For $19 Million In Nashville
2126 Byrum Avenue
$19,000,000
Units
83
Asset Type
MultiFamily
Closing
Jun 24, 2025
About this deal
AI
The 83-unit 83 Freight apartment complex located at 2126 Byrum Avenue in Nashville, TN was sold for $19 million. The property is categorized as multifamily, indicating its focus on multiple residential units, with a price per unit of $228,916.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $19,000,000
- Units: 83
- Buyer: Aaron Friedmann
- Seller: BLVD Capital
BLVD Capital was the selling party in this transaction, transferring ownership to a Short Hills, N.J.-based LLC linked to Aaron Friedmann. The deal highlights the involvement of both the seller's and buyer's representative in the real estate transaction, demonstrating the complexity of multifamily property deals in Nashville's market.
On the Map
$19,000,000
MultiFamily
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Nashville 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
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93