Images have been created in relation to a proposed housing development at a reservoir in the Edgehill area.
Raleigh-based SLI Capital and Atlanta-based Regent Partners are planning two apartment buildings that will offer 420 multifamily units.
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Images have been created in relation to a proposed housing development at a reservoir in the Edgehill area.
Raleigh-based SLI Capital and Atlanta-based Regent Partners are planning two apartment buildings that will offer 420 multifamily units.
The project, called Hillside Avenue, includes a seven-story building (pictured) located at: 1201 Hillside Avenue It offers 257 units and an attached five-story parking deck. The other building will be located at 1310 Hillside Ave. and will have 163 residential units.
In the past two months, multiple permits have been issued in connection with the two apartments (read here), Nashville Business Journal I will report it.
as post It was reported in April 2021 that SLI Capital paid $5.1 million for one of the properties and $9.1 million for the other in December 2020. Nashville-based Elmington Capital Group was the seller in both transactions.
The Reservoir also includes an apartment building, Hillside Flats. Developed by Elmington (architect: Southeast Venture Design), the building is located at 500 Hillside Court.
In addition, Elmington is planning an eight-story building at 1430 Hillside Avenue.
The reservoir is a 23-acre, multi-section site, and Elmington originally envisioned its overall form and function.
Vanderbilt University’s School of Theology is scheduled for its first upgrade since 2017.
The permit, valued at about $2.97 million, states that several improvements will be made, including duct work, fire sprinklers and doors.
Barnes Services Inc. of Nashville is serving as construction manager.
The work comes after an $11.5 million renovation and addition of approximately 13,640 square feet to the 63-year-old building.
Prior to the 2017 update, the original facility was located at: 411 21st Avenue S.which had not been updated since it opened in 1960.
The River West Apartments complex in West Nashville has been sold for $20.75 million, with veteran local investor Jack May among the new owners.
The seller, an LLC, paid about $10 million for the Charlotte Park property in late 2020 and has since made several renovations, according to Davidson County deed documents.of post We were unable to determine any details regarding the LLC.
It opened in 1970 and overlooks the Cumberland River. 411 Annex Avenue, River West Apartments offers 80 units in multiple two-story buildings. Therefore, this deal equates to approximately $134,375 per unit for him. This figure ranks among the lowest such marks recorded in similar transactions over the past year or so.
May has been involved in several real estate transactions over the years, most recently selling the Belle Meade Plaza Shopping Center with his brother Frank May for $87 million (read article) here). AJ Capital Partners is considering a multi-building mixed-use development on the site.