Updated Oct 31, 2025
Actus Capital Acquires 256-Unit Villas At Cordova In Cordova Tennessee For $41.63 Million
8546 Prestine Loop
$41,630,000
Units
256
Asset Type
MultiFamily
Closing
Oct 30, 2025
About this deal
AI
A 256-unit multi-family apartment community, known as Villas at Cordova, located at 8546 Prestine Loop in Cordova, TN, was sold for $41.63 million. The property, built in 2002, is currently 89% occupied and is supported by a Fannie Mae loan of $23.74 million at an interest rate of 2.82%, set to mature in 2030.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $41,630,000
- Buyer: Actus Capital
- Seller: Kushner Companies
- Units: 256
- Price Per Unit: $162,617
- Market: Cordova, TN
An affiliate of Actus Capital has completed the acquisition of the property from Kushner Companies, furthering Actus Capital's portfolio in the multi-family sector.
On the Map
$41,630,000
MultiFamily
View full map
Players
Cordova MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Cordova multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93