Updated Oct 28, 2024
CREE Capital Partners Acquires Multifamily Property In Hermitage, TN For $32.2M
3501 Andrew Jackson Way, Hermitage, Tennessee 37076, United States
$32,200,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 11, 2022
About this deal
AI
The multifamily property located at 3501 Andrew Jackson Way in Hermitage, TN has been sold. The transaction took place on 10/12/2022, with a sale price of $32,200,000. The property, owned by an undisclosed seller, was acquired by CREE Capital Partners.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $32,200,000
- Address: 3501 Andrew Jackson Way, Hermitage, TN
- Market: Hermitage, TN
CREE Capital Partners acted as the buyer in this transaction. There is no additional information available regarding the deal's key individuals and companies involved.
Players
Nashville-Davidson 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
0.49%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93