Springfield Apartment Complex Sells For $7,125,000

Springfield Apartment. Complex Sells For $7,125,000

Springfield Condo Complicated Sells For $7,125,000

SPRINGFIELD TENNESSEE: (Smokey Barn Information) — In line with REBusiness, Colliers Mortgage has offered a $5.2 million acquisition mortgage for Forest Park Flats, an 80-unit, market-rate multifamily group in Springfield Tennessee.

Forest Park Flats is positioned of Black Patch Rd at Salem Dr. MAP Tax information point out the property offered for $7,125,000, the deal closing on September 12 of 2022.

In line with the REBusiness, Zach Shope of Colliers Mortgage’s Atlanta workplace originated the 10-year, Fannie Mae mortgage on behalf of the repeat (undisclosed) borrower shopper, an entity doing enterprise (on this transaction) as Forest Park TN LLC.

Inbuilt 1978, Forest Park contains six two-story condominium buildings and incorporates a playground and basketball court docket, in response to Flats.com.

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