Nashville apartment building trades for $86m

HHHunt has acquired Abberly Foundry, a five-story, 231-unit multifamily community formerly known as Alta Foundry, in Nashville for $86.625 million.

The seller was not disclosed.

Abberly Foundry offers studio, one- and two-bedroom units with average size of 740 square feet, quartz countertops, stainless steel appliances, walk-in closets and hardwood-style plank flooring. Best-in-class community amenities include a rooftop sky lounge with panoramic views of downtown Nashville, expansive courtyard, 24/7 fit club, co-working space, complimentary coffee bar, dog park and pet spa.

Located at 640 21st Ave. N., Abberly Foundry is situated in the Midtown neighborhood of Nashville, less than three miles from downtown Nashville. Residents of the property benefit from convenient access to the abundant job opportunities within the CBD and the Medical District, as well as the numerous restaurants, live music venues and shopping destinations within the neighborhood.