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		<title>Cortland Trades Nashville Rental Asset for $88M</title>
		<link>https://vrjproperties.com/cortland-trades-nashville-rental-asset-for-88m/</link>
		
		<dc:creator><![CDATA[VRJwebmaster]]></dc:creator>
		<pubDate>Tue, 03 Sep 2024 14:45:52 +0000</pubDate>
				<category><![CDATA[BTR]]></category>
		<category><![CDATA[Multifamily]]></category>
		<category><![CDATA[88M]]></category>
		<category><![CDATA[Asset]]></category>
		<category><![CDATA[commercial real estate]]></category>
		<category><![CDATA[Cortland]]></category>
		<category><![CDATA[Nashville]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[Rental]]></category>
		<category><![CDATA[Trades]]></category>
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					<description><![CDATA[<p>General Services Corp. paid $88.2 million for a 322-unit apartment complex in West Nashville, which is just over $270,000 a unit. Cortland Partners was the seller. It paid $69.95 million for the property in 2017. The Cortland Bellevue apartments are...</p>
<p>The post <a href="https://vrjproperties.com/cortland-trades-nashville-rental-asset-for-88m/">Cortland Trades Nashville Rental Asset for $88M</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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<p data-beyondwords-marker="b7199cf1-d683-49e9-bba5-02f60dcfe117">General Services Corp. paid $88.2 million for a 322-unit apartment complex in West Nashville, which is just over $270,000 a unit.<strong> Cortland Partners</strong> was the seller. It paid $69.95 million for the property in 2017.</p>
<p data-beyondwords-marker="fe88cf4d-d6d6-45d1-a0e7-cf8257c995fa">The Cortland Bellevue apartments are on a 30.36-acre property, with a main address of 645 Old Hickory Blvd., and offer studios, one-and two-and three bedroom units across multiple buildings. Rents range from $1,394 – $2,236 for a three-bedroom.</p>
<p data-beyondwords-marker="fc9dceb2-0ff0-45fd-88bb-ae2a554dd64c">Headquartered in Atlanta, Cortland owns and manages apartment communities across the US with regional offices in Charlotte, Dallas, Denver, Greenwich, Houston, Orlando, and Phoenix. Internationally, they operate a build-to-rent (BTR) management and development platform in the UK. </p>
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<br /><a href="https://www.connectcre.com/stories/cortland-trades-nashville-rental-asset-for-88m/">Source link </a></p>
<p>The post <a href="https://vrjproperties.com/cortland-trades-nashville-rental-asset-for-88m/">Cortland Trades Nashville Rental Asset for $88M</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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