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715 Hagan St.

Origin Investments Acquires 221 Unit Multifamily Property On Hagan St In Nashville For $79.4M
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

Walker & Dunlop
Walker & DunlopBrokerage

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