SOLDMultiFamily
Origin Investments Acquires 221 Unit Multifamily Property On Hagan St In Nashville For $79.4M
715 Hagan St.
$79,400,000
Units
221
Asset Type
MultiFamily
Closing
Feb 28, 2025
AI
The property asset involved in this transaction is a MultiFamily unit located at 715 Hagan St. in Nashville, TN. The selling price for this asset was $79,400,000.00 for a total of 221 units.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $79,400,000.00
- Buyer: Origin Investments
- Seller: Proffitt Dixon Partners
- Transaction Date: 02/28/2025
- Market: Nashville, TN
- Units: 221
This transaction involved Origin Investments as the buyer and Proffitt Dixon Partners as the seller, completing the deal on February 28, 2025.
Players
Nashville MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93