Matthews Real Estate Investment Services™ completed the sale of Sohana Apartments at 311 W. Trinity Lane in Nashville, Tennessee.
The property is a four-Star complex and features 111,500 square feet. Associate Austin Tomaiko and Senior Associate Austin Graham brokered the transaction.
Matthews represented the seller, a merchant developer who aimed to take advantage of the high value in the multifamily market. The seller received a great price point, closing at 100 percent of the list price.
The buyer was a national syndication group interested in deploying out-of-state capital into the thriving Nashville marketplace.