Carter-Haston Buys $176M, Three-Property Nashville Multifamily Portfolio

Nashville, TN-based Carter-Haston has purchased three multifamily properties in the Nashville area for an aggregate price of $175.6 million. Russ Oldham, Brett Kingman and Robbie O’Bryan of Walker & Dunlop enabled the sale of the three properties on behalf of the seller, Seattle, WA-based Security Properties, and the buyer. Walker & Dunlop also financed the buyer.

The collection of properties includes:

Artessa – a 250-unit apartment community in Franklin. The 2015-constructed property offers the opportunity to make strategic capital investments to further enhance the product offering within this premier submarket.

Duet – a 215-unit apartment community in Nashville. The 2015-constructed property is in Nashville’s West End near the 132-acre Centennial Park with close proximity to transportation and employment opportunities.

Note 16 – an 86-unit Class A apartment community located in Nashville. The asset was built in 2013 and is situated in the heart of Music Row for easy access to Nashville’s top employers and entertainment venues.

Photo: Note 16