Updated Nov 24, 2025
Gantry Secures $17.25 Million Loan For Self Storage Properties In Greater Nashville Area
500 Downs Boulevard, 1724 Nashville Pike & 1024 Parkway Drive
$17,250,000
Building Size
—
Asset Type
Self Storage
Closing
Nov 21, 2025
About this deal
AI
The recapitalization involved three Storelocal self-storage properties located at 500 Downs Boulevard, 1724 Nashville Pike, and 1024 Parkway Drive in the greater Nashville area, specifically targeting the Franklin, Gallatin, and Spring Hill markets. The total loan amount secured for these properties was $17,250,000 and it was structured as a four-year, fixed-rate loan with an interest-only payment period.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: $17,250,000
- Loan Type: Recapitalization
- Loan Terms: four-year, fixed rate loan
- Market: Franklin, Gallatin & Spring Hill, TN
The transaction was facilitated by Andy Bratt, Amit Tyagi, and Nick Severson from Gantry, acting as the representatives in securing the financing provided by an insurance lender. Their efforts led to stabilizing debt across the self-storage facilities in the region.
On the Map
$17,250,000
Self Storage
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Players
Franklin Self Storage Market Snapshot
Boundary boundary · Self Storage · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.92%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93