Joe Lubeck Of American Landmark Apartments Acquires 240-Unit Woodland Pointe Residences In Nashville
1501 Woodland Pointe Drive
Building Size
—
Asset Type
MultiFamily
Closing
Jun 26, 2026
AI
The acquisition involves a multifamily property asset consisting of 240 units located at 1501 Woodland Pointe Drive in Nashville, Tennessee. The property has been acquired by American Landmark Apartments, which plans to rebrand it as Woodland Pointe Residences, aligning with their expansion strategy in the multifamily sector.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 240
- Address: 1501 Woodland Pointe Drive
- Market: Nashville, TN
- Buyer: Joe Lubeck - American Landmark Apartments
Joe Lubeck represents the buyer, American Landmark Apartments, which has acquired the property to enhance its portfolio in high-growth markets, citing Nashville's favorable demographic trends and demand for apartments.
Woodland MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93