Updated Oct 26, 2026
Berkadia Brokers Sale Of Hearthside Senior Living Bartlett Senior Housing Community In Tennessee
7480 Us Route 70
Units
67
Asset Type
Senior Housing
Closing
Oct 23, 2026
About this deal
AI
The transaction involved Hearthside Senior Living Bartlett, a senior housing asset located at 7480 US Route 70 in Bartlett, TN. The property comprises 67 units and spans 8.5 acres. Built in 2016, Hearthside Senior Living was reported to be 95% occupied at the time of the sale.
Summary of transaction details:
- Property Type: Senior Housing
- Transaction Amount: Undisclosed
- Units: 67
- Acres: 8.5
- Address: 7480 US Route 70
- Market: Bartlett, TN
- Brokers: Ross Sanders, Dave Fasano, Cody Tremper & Mike Garbers - Berkadia
This transaction was facilitated by Berkadia, with an Allegro Living affiliate continuing as the operator post-sale. The identities of the seller and specific sale price remain undisclosed.
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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