Marcus & Millichap’s Institutional Property Advisors Closes Multifamily Asset Sale in Clarksville, Tennessee
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), has announced the sale of Solis, a 216-unit multifamily property in Clarksville, Tennessee. Built in 2020, Solis is located in one of the fastest-growing cities in the nation, with Clarksville experiencing a 15.5% population growth over the past five years. The property, situated 40 miles from Nashville, was sold by Gwaltney Communities to a private California-based partnership.
Solis is a three-story, garden-style asset featuring amenities such as a saltwater swimming pool, 24-hour fitness center, and theater room. The average unit size is 1,089 square feet. Clarksville's major employers include LG Electronics, Trane, and Hankook Tire, contributing to the area's economic growth.
Institutional Property Advisors (IPA), una divisione di Marcus & Millichap (NYSE:MMI), ha annunciato la vendita di Solis, una proprietà multifamiliare di 216 unità a Clarksville, Tennessee. Costruito nel 2020, Solis si trova in una delle città a più rapida crescita del paese, con Clarksville che ha registrato una crescita della popolazione del 15,5% negli ultimi cinque anni. La proprietà, situata a 40 miglia da Nashville, è stata venduta da Gwaltney Communities a un partenariato privato con sede in California.
Solis è un edificio di tre piani, in stile giardino, con servizi come una piscina salina, un centro fitness aperto 24 ore su 24 e una sala teatro. La dimensione media delle unità è di 1.089 piedi quadrati. I principali datori di lavoro di Clarksville includono LG Electronics, Trane e Hankook Tire, contribuendo alla crescita economica dell'area.
Institutional Property Advisors (IPA), una división de Marcus & Millichap (NYSE:MMI), ha anunciado la venta de Solis, una propiedad multifamiliar de 216 unidades en Clarksville, Tennessee. Construido en 2020, Solis se ubica en una de las ciudades de más rápido crecimiento del país, con Clarksville experimentando un crecimiento poblacional del 15,5% en los últimos cinco años. La propiedad, situada a 40 millas de Nashville, fue vendida por Gwaltney Communities a una asociación privada con sede en California.
Solis es un activo de tres pisos, estilo jardín, que cuenta con comodidades como una piscina de agua salada, un gimnasio abierto las 24 horas y una sala de teatro. El tamaño medio de las unidades es de 1.089 pies cuadrados. Los principales empleadores de Clarksville incluyen LG Electronics, Trane y Hankook Tire, contribuyendo al crecimiento económico de la zona.
Institutional Property Advisors (IPA), Marcus & Millichap (NYSE:MMI)의 한 부서,가 Solis의 매각을 발표했습니다. 이는 테네시 주 클락스빌에 위치한 216세대 규모의 다세대 주택입니다. 2020년에 건설된 Solis는 국가에서 가장 빠르게 성장하는 도시 중 하나에 있으며, 클락스빌은 지난 5년 동안 인구가 15.5% 증가했습니다. 이 부동산은 내쉬빌에서 40마일 떨어진 곳에 위치하며, Gwaltney Communities가 캘리포니아에 본사를 둔 사모 펀드에 매각되었습니다.
Solis는 3층의 정원 스타일 자산으로, 염수 수영장, 24시간 운동센터, 극장과 같은 편의 시설을 갖추고 있습니다. 평균 세대 크기는 1,089평방피트입니다. 클락스빌의 주요 고용주로는 LG 전자, 트레인, 한국타이어가 있으며, 이들은 지역 경제 성장에 기여하고 있습니다.
Institutional Property Advisors (IPA), une division de Marcus & Millichap (NYSE:MMI), a annoncé la vente de Solis, une propriété multifamiliale de 216 unités à Clarksville, Tennessee. Construite en 2020, Solis est située dans l'une des villes à la croissance la plus rapide du pays, Clarksville ayant connu une croissance de la population de 15,5% au cours des cinq dernières années. La propriété, située à 40 miles de Nashville, a été vendue par Gwaltney Communities à un partenariat privé basé en Californie.
Solis est un actif de trois étages, de style jardin, avec des équipements tels qu'une piscine d'eau salée, un centre de fitness ouvert 24 heures sur 24 et une salle de cinéma. La taille moyenne des unités est de 1.089 pieds carrés. Les principaux employeurs de Clarksville comprennent LG Electronics, Trane et Hankook Tire, contribuant à la croissance économique de la région.
Institutional Property Advisors (IPA), eine Abteilung von Marcus & Millichap (NYSE:MMI), hat den Verkauf von Solis angekündigt, einer multifamiliären Immobilie mit 216 Einheiten in Clarksville, Tennessee. Solis, das 2020 erbaut wurde, befindet sich in einer der am schnellsten wachsenden Städte des Landes, wobei Clarksville in den letzten fünf Jahren ein Bevölkerungswachstum von 15,5% verzeichnete. Die Immobilie, die 40 Meilen von Nashville entfernt liegt, wurde von Gwaltney Communities an eine private Partnerschaft mit Sitz in Kalifornien verkauft.
Solis ist ein dreistöckiges Gartenhaus-Objekt mit Annehmlichkeiten wie einem Salzwasserpool, einem Fitnesscenter mit 24-Stunden-Zugang und einem Kinoraum. Die durchschnittliche Wohnungsgröße beträgt 1.089 Quadratfuß. Zu den größten Arbeitgebern in Clarksville zählen LG Electronics, Trane und Hankook Tire, die zum wirtschaftlichen Wachstum der Region beitragen.
- Sale of a stabilized 216-unit multifamily property in a fast-growing market
- Clarksville experienced 15.5% population growth over the past five years
- Property is located near major employers and educational institutions
- Marcus & Millichap closed 7,546 transactions in 2023 with a sales volume of $43.6 billion
- None.
“Built in 2020, Solis is a stabilized asset in one of the fastest-growing cities in the nation,” said David Stollenwerk, IPA director. “Over the past five years,
The property is 40 miles from
Solis is a three-story, garden-style asset with a saltwater swimming pool, 24-hour fitness center, and theater room. Apartments have washers and dryers and nine-foot ceilings. The average unit size is 1,089 square feet.
Balthrope stated: “IPA provides commercial real estate investors with high-quality multifamily property opportunities in markets throughout
About Institutional Property Advisors (IPA)
Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services. As of December 31, 2023, the Company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The Company also offers market research, consulting and advisory services to our clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately
View source version on businesswire.com: https://www.businesswire.com/news/home/20240724863600/en/
Gina Relva, VP of Public Relations
Gina.Relva@MarcusMillichap.com
Source: Marcus & Millichap
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