Daily limit: 0/10
Related Cos Acquires Madison Multifamily Property In Nashville For $40.2M
SOLD
$40,200,000
Tennessee
See Similar DealsMultiFamily
Sold 10/03/2023
SOLD
Related Cos Acquires Madison Multifamily Property In Nashville For $40.2M
333 Rio Vista Drive
See Similar DealsMultiFamily
Sold 10/03/2023
Summary
TENNESSEE
Asset Type:MultiFamily
Transaction Type:Sale
Global real estate firm Related Cos., known for its involvement in projects like Hudson Yards in New York City, has acquired a multifamily apartment complex in Madison, TN for $40.2 million. The property, located at 333 Rio Vista Drive, spans across 21 acres. The transaction took place on 10/03/2023.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $40,200,000
- Address: 333 Rio Vista Drive
- Market: Madison, TN
- Buyer: Jeff T. Blau - Related Cos
- Seller: Gregory Perlman - GHC Housing Partners
Jeff T. Blau, a representative of Related Cos., was the buyer in this transaction. Gregory Perlman, a representative of GHC Housing Partners, was the seller. This acquisition adds to Related Cos.'s diverse portfolio and further showcases their presence in the real estate market.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,143,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$142,822.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$190,568.51
Annual Debt Service$2,286,822.11
Is there something missing? Send suggestions