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WhiteRock Real Estate acquired The Falls at Mill Creek, a 204-unit apartment community in Nashville, TN, for $35.5 million.

WhiteRock Real Estate Drops $36M for 1973-Vintage Nashville Community

Multifamily real estate investment company WhiteRock Real Estate has completed its $35.5-million acquisition of The Falls at Mill Creek, a 204-unit apartment community in Nashville, TN.

Adam Klenk, Austin Heithcock, Jordan Arand and Joshua White of Capstone represented both WhiteRock Real Estate and the seller, Alexander Properties, in the transaction

WhiteRock Real Estate plans to improve community amenities, including the fitness center, clubhouse, and exterior leisure areas. The new owners also plan to engage a third-party management service to oversee operations at The Falls at Mill Creek.

Built in 1973 and extensively renovated in 2016, The Falls at Mill Creek was 95% occupied at the time of sale and is located on 15 acres. The property is comprised of 204 one-, two-, and three-bedroom apartments plus swimming pool, fitness center, business center, gated access, playground, dog park, and laundry facilities.


Inside The Story

Capstone's Klenk

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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