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Metro Nashville Apartments Trade for $95M
Newmark has arranged the $94.5 million sale of Bellevue West, a 556-unit multifamily community in the Nashville suburb of Bellevue.
Located at 100 Ridgelake Parkway, the community is situated on 56 acres with community amenities including a remodeled clubhouse, a 4,500-square-foot fitness center, indoor and outdoor pools, a lighted tennis court, a basketball court and volleyball court and two dog parks. Bellevue West’s units feature stainless steel and black appliances, oversized closets, wood-style flooring, fireplaces and updated modern lighting packages.
Vincent Lefler and Tarek El Gammal of Newmark represented the seller, Ridgelake Property Investor, LLC, in the transaction. The buyer was Geringer Capital.
- ◦Acquisition

