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Viera Cool Springs

Franklin, TN

Investment Highlights

Viera Cool Springs represents TruAmerica’s second investment in the Nashville MSA and first in Williamson County. The property is centrally located in the Franklin submarket offering proximity to excellent public schools, abundant amenities, and white-collar employment in expanding employment centers such as Downtown Nashville (under 25 minutes), Brentwood (under 15 minutes), and Berry Hill (under 25 minutes).

TruAmerica plans to renovate all 468 homes, elevating the finish levels by adding vinyl flooring, installing stone countertops with an undermount sink and a tile backsplash, cutting down the kitchen bar top, painting unit interiors, updating cabinetry. Furthermore, TruAmerica will install washers and dryers in all units.

Property Highlights

The 468-unit property was built in 1987. The property has been well maintained, allowing most of the capital to be invested into accretive improvements to the apartment interiors. Potential amenity enhancements and upgrades include refreshing the clubhouse and fitness center, adding new furnishings at the pool, painting building exteriors, and improving the landscaping around the property.

Community Amenities

• Lighted Tennis Courts
• Two Swimming Pools
• Swimming Pool
• Resident Clubhouse with Coffee Bar/li>
• Business Center
• Fitness Center with Spin Room
• Detached Garages Available
• Yoga Studio
• Pet Washing Station

PROPERTY CONTACT: (615) 492-3526
UNITS
468
AVERAGE SF
796
ACQUIRED
05/17/2021
10100 Santa Monica Blvd, Suite 400
Los Angeles, CA 90067
(424) 325-2750
TruAmerica Multifamily is a Los Angeles-based investment firm focused on acquiring, renovating, and managing multifamily housing throughout the United States.
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