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The Praedium Group buys multifamily development in Nashville
Transactions - FEBRUARY 28, 2022

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The Praedium Group buys multifamily development in Nashville

by Released

The Praedium Group has bought The Sound at Pennington Bend, a newly developed, National Green Building Standard-certified, 296-unit multifamily property in Nashville.

The property delivered its first units in early 2021 and comprises one-, two- and three-bedroom apartments with expansive floor plans. The property features superior interior unit finishes, such as nine-foot ceilings, granite countertops, stainless-steel appliances, shaker-style cabinets, subway-tile backsplash, a LATCH smart home-equipped system, hardwood-inspired plank flooring, full-size washer/dryers, walk-in showers, walk-in closets, keyless entry, and private patios/balconies.

The Sound at Pennington Bend also features a market-leading amenity set, including a 12,600-square-foot clubhouse that is one of the largest residential community clubhouses in the Nashville market. Other lifestyle amenities include saltwater swimming pool with sun shelf, expansive sun deck with cabana, business-center suite,

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