Pebble Creek Apartments art

Pebble Creek Apartments

Nashville-based real estate developer and property manager Mark Sanders has paid $7.2 million for an Antioch-area apartment complex, according to a Davidson County Register of Deeds document.

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 more here).

I began my journalism career in Nashville in 1990, with my current position with Nashville Post having evolved since October 2000 (when I was with the now-defunct The City Paper, a sister publication of the Post starting in 2008).

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.