Greg Pinkalla Acquires Priest Lake Multifamily In Nashville For $45.19M

The multifamily property located at 3555 Bell Road in Nashville, Tennessee has been sold for $45.19 million. The 300-unit apartment complex was acquired by Fairfield Residential from GVA Real Estate at an average price of $150,633 per unit. Built in 1984, the property consists of one-, two-, and three-bedroom units featuring various amenities such as a swimming pool, fitness and business centers, a volleyball court, a clubhouse, and laundry facilities.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $45,190,000
• Units: 300
• Price Per Unit: $150,633
• Address: 3555 Bell Road
• Market: Nashville, TN
• Buyer: Greg Pinkalla - Fairfield Residential
• Seller: Alan Stalcup - GVA Real Estate

Greg Pinkalla of Fairfield Residential served as the buyer in the transaction, while Alan Stalcup of GVA Real Estate acted as the seller. The deal involved the transfer of a well-established property in Nashville, showcasing a mix of residential units and amenities to enhance the overall living experience for future residents.