Date of Acquisition
October 2021

Number of Units
256

Equity
$11.6 million
VILLAS AT CORDOVA
Cordova, TN

256-unit apartment community located in Cordova, Tennessee.

Villas at Cordova is located adjacent to Wolfchase Galleria, featuring 1.1MM square feet of retail space. At the time of purchase, the occupancy stood at 95%.

The project includes upgrades and renovation work for the amenities and the units.

 

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Transaction Details

10/2021
Acquisition

$35.3M
Scope

256
Units

67.1%
Funding

$11.6M
Equity