NASHVILLE, TN—A seven-property apartment portfolio located in Clarksville, TN and Oak Grove, KY has changed hands in a deal valued at $47.24 million.
The transaction was announced by brokerage firm Marcus & Millichap. David Stollenwerk, an associate in Marcus & Millichap's Nashville office, represented the seller—a Tennessee limited-liability company and procured the buyer, an out-of-state limited-liability company. Aaron Johnson, Marcus & Millichap's broker of record in Kentucky, assisted in closing the sale transaction.
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