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Capstone is pleased to present an LP equity investment opportunity on behalf of Front Street Partners (the “Sponsor”), to capitalize the development of Riverside Nashville, a two-phased, 590-unit multifamily development located in a Qualified Opportunity Zone in North Nashville. The site is ideally situated on ±12.99 acres on the Cumberland River and adjacent to the Ted Rhodes Golf Course. The site also benefits from its location along Clarksville Pike US Hwy 31—providing direct access to downtown Nashville, major highways, public transportation, bike lanes, and more; thus, allowing residents convenient access to all the major employment, entertainment, and retail hubs the vibrant city of Nashville has to offer. Boasting direct access to Clarksville Pike, the first phase of the multifamily development will have 294 units, with 418 surface parked spaces, and the second phase will encompass 296 units, 414 garage spaces, and 34 additional surface parked spaces. The property will also feature Class A interior finishes and an impressive amenity package featuring two saltwater pools, golf simulator and game room, 4th floor rooftop amenity deck, pickle ball courts, 24-hour athletic club, EV charging stations, and more.
Conveniently Located Between Three Burgeoning Submarkets
Proximity to Major Economic & Employment Drivers
Large Two-Phased Project Located in Opportunity Zone
Excellent Submarket Fundamentals & Demographics