Salemtown apartment building sells for $21.2M

Salemtown apartment building Evergreen at Werthan has sold for $21.25 million, with the new owner seemingly new to the Nashville market.

Located at 1600 Rosa Parks Blvd., the three-story Evergreen at Werthan offers 92 residences and saw construction begin in 2013. It sits near The Lofts at Werthan Mills. Its new owner is an LLC affiliated with Vienna, Virginia-based Cherner Development Group, the website for which offers a portfolio with a handful of similar properties (none located in Nashville).