MRG Realty Partners has listed The View At South Ridge for sale in Woodbury, TN. The 32-unit market-rate garden-style apartment complex is located 20 minutes to Murfreesboro and Middle Tennessee State University, and approximately 40 minutes to Downtown Nashville. The address is 256 S Ridge Dr.
“We are very pleased to bring this asset to market. It has a compelling story after exiting the Rural Development Program in 2021. The current owners have led the process through the transition to market rate status; and the buyer gets to benefit from this. We’re excited about the attractive agency assumable financing & the proximity to Murfreesboro”
Drew Lekowski , Multifamily Investment Sales – MRG Realty Partners, LLC
Recent capital improvements include new roofs, HVAC systems, and interior renovations such as LVP flooring and modern finishes. The project includes a mix of 16 one and two bedroom apartments across 4 buildings with 40 parking spaces. The project is located within a Qualified Opportunity Zones and may qualify for other regional programs.
For all opportunities regarding this listing contact MRG Realty Partners and/or visit the link (here).
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