Updated Oct 29, 2024
Fatherland Reverse LLC Acquires Nashville Single Family Property For $2.23M
1209 16th Avenue South Nashville, Tennessee 37212, USA
$2,230,000
$440/SF
Building Size
5,064 SF
Asset Type
Single Family Residence
Closing
Jun 16, 2023
About this deal
AI
The single-family property located at 1209 16th Avenue South in Nashville, TN was recently sold on June 16, 2023. The property consists of 18 acres of land and has a total square footage of 5,064. The sale price for this transaction was $2,230,000, resulting in a price per square foot of $440.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $2,230,000
- Address: 1209 16th Avenue South, Nashville, TN
- Market: Nashville, TN
- Acres: 18
- Square Footage: 5,064
- Price per Square Foot: $440
The buyer of the property is Fatherland Reverse LLC. The transaction represents a significant investment in the Nashville real estate market. Fatherland Reverse LLC would be represented by their broker in this deal.
Players
Nashville Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.11%
Cash-on-Cash
-2.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93