Conor Group's Multifamily In Nashville, TN Sold For $162M With Brokers Brett Carr & Kevin Geiger - CBRE
2312 Elliston Place, Nashville, Tennessee 37203, United States
$162,000,000
Building Size
—
Asset Type
MultiFamily
Closing
May 31, 2022
AI
The Conor Group has sold a multifamily property located at 2312 Elliston Pl in Nashville, TN. The property was sold for a total price of $162,000,000.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $162,000,000
- Market: Nashville, TN
- Seller: The Conor Group
- Brokers: Brett Carr & Kevin Geiger - CBRE
The sale of this multifamily property marks an important transaction in the real estate market. The Conor Group, represented by brokers Brett Carr and Kevin Geiger from CBRE, successfully completed the deal for a significant sale price. The property is located in Nashville, TN, a desirable market known for its investment opportunities. This transaction showcases the strong demand for multifamily properties in this area and highlights the expertise of the involved parties in facilitating successful real estate deals.
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
0.10%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93