Adhikary LLC Purchases 2814 Azalea Place Office Property From Pinnacle Bank For $2.015M
2814 Azalea Place
$2,015,000
Building Size
—
Asset Type
Office
Closing
Jul 15, 2025
About this deal
AI
An office property located at 2814 Azalea Place in Nashville, TN has been sold for $2,015,000. The transaction was part of a foreclosure deal, resulting in Adhikary LLC becoming the new owner of the property.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,015,000
- Buyer: Adhikary LLC
- Seller: Pinnacle Bank
- Sale Date: 07/15/2025
The transaction involved Adhikary LLC acquiring the property from Pinnacle Bank, indicating a transfer of ownership under specific circumstances related to foreclosure. No additional representatives are mentioned in this deal.
Players
Nashville Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.87%
Cash-on-Cash
-2.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93