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Weinstein Properties Acquires Bexley Stockyards Apartments In Germantown For $114.57M

Property Image
SOLD
$114,570,000
MR
MW

Tennessee

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MultiFamily
Sold 12/06/2023
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Property Image
SOLD

Weinstein Properties Acquires Bexley Stockyards Apartments In Germantown For $114.57M

222 Stockyard Boulevard

See Similar Deals
MultiFamily
Sold 12/06/2023
MR
MW
the dealplayerscompscontact
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Summary

TENNESSEE
Asset Type:MultiFamily
Transaction Type:Sale

Weinstein Properties has acquired the Bexley Stockyards apartments in Germantown, just outside Nashville, for $114.57 million. The property is a multifamily asset consisting of 342 units, with a price per unit of $335,000. Located at 222 Stockyard Boulevard, the apartments are situated in a desirable area in Nashville, TN.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $114,570,000
  • Units: 342
  • Price Per Unit: $335,000
  • Date: 12/06/2023
  • Market: Nashville, TN

Marcus Weinstein of Weinstein Properties acted as the buyer in this transaction, representing his company. On the other side, Marc Ricks of ShopCore Properties served as the seller. This acquisition marks a significant investment by Weinstein Properties, expanding their presence in the Nashville market.

Players

MW
Marcus Weinstein
2 deals$208.6M volume
BUYER
MR
Marc Ricks
3 deals$189.1M volume
SELLER

Details

SOLD
IMAGE: Marcus Weinstein & Marc Ricks DATE: 12/06/2023 ADDRESS: 222 Stockyard Boulevard MARKET: Nashville, TN ASSET TYPE: Multifamily BUYER: Marcus Weinstein - Weinstein Properties SELLER: Marc Ricks - ShopCore Properties SALE PRICE: $114,570,000 UNITS: 342 ~ PPU: $335,000 NOTE: Weinstein Properties has acquired the Bexley Stockyards apartments in Germantown, just outside Nashville, for $114.57 million.

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