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Luxury Multifamily Albion in Nashville’s Gulch Opens with $140M Investment

Luxury Multifamily Albion in Nashville's Gulch Opens with $140M Investment

Situated in downtown Nashville, the 20-story Albion in the Gulch has opened its doors to 415 units of studio, one-, two-, and three-bedroom apartments as well as two- and three-bedroom two-story townhomes. Boasting expansive skyline views from the second highest point in the city, this concrete and glass building was purchased for $278 per square foot – one of Nashville’s highest prices ever paid for property. Financed with an $87 million loan from Hartford Investment Management Co., it features a hotel inspired lobby complete with a coffee shop, 20th floor clubhouse lounge, rooftop infinity pool offering 360 degree views of downtown.

Albion recently acquired 2 acres at McGavock Street & 14th Avenue for their next project – a luxurious two tower residential development worth $31 million dollars.

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