Berkley Hills Apartments

Location: Madison, TN
Type: Multifamily
Price: $ 4,860,000

SMC’s $4,860,000 first mortgage loan facilitated the Borrower’s acquisition of the Property following the Borrower’s winning bid on Auction.com. The Property is a 251-unit garden style Class-B multi-family property located in Madison, TN. Built in 1969, the property consists of 21 buildings, including 20 residential buildings and a single leasing office/laundry building. Amenities consist of a swimming pool, barbecue and picnic areas, two playgrounds, a tennis court, two laundry rooms and an on-site leasing office.