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East Nashville developer pays $7.2M for Antioch apartments


Located at
2337 Una Antioch Pike, Pebble Creek Apartments offers multiple two-story buildings with a collective 88 units. The seller was a partnership that bought the then-unimproved property for $230,889 in 1985, according to Metro records. Pebble Creek Apartments opened in 1996.
The transaction is the equivalent of $81,818 per unit.
Sanders used Brentwood-based The Kirkland Company (William Kirkland) to broker the deal. He told the Post his company will spend upwards of $1.2 million ($13,000 per unit) to upgrade Pebble Creek. Cumberland Capital Partners and Triumph Bank provided financing.
Based in East Nashville and the owner of S&S Property Management, Sanders is known for his work at Martin Corner near Five Points. He also owns a Five Points-area building once home to a YMCA of Middle Tennessee. Located at 122 S. 11th St., that historic East Nashville structure had its roof severely damage during the March 2020 storm, with Sanders undertaking a rehab (read mo ....

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Five Points building offered for $1.5M


Once home to Robert Pierce Photography, the property sits at
121 S. 11th St. Across Holly Street is located the building home to musical instrument and music lessons business Fanny’s House of Music.
Robert Pierce owns the building, having acquired the 0.20-acre property in 1993 for $49,000 from the Metro Development and Housing Agency, according to Metro records. At the time of the purchase, the building was in bad condition, having previously been owned by the late local landlord Carrie Sissom. Of note, Sissom, who ran multiple low-rent boarding houses throughout Nashville s old-school urban neighborhoods in the 1970s and 1980s, paid $20,000 for the home in 1973, according to Metro records. ....

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