I must say I am pretty excited about being a part of this sales team to help sell the remaining 98 units in Werthan. Here's the scoop and be sure to message/call/text me if you are interested in staying in the loop. We will finalize floor plans/pricing this week and should know more to announce soon.
Nearly 100 rental residential units in the final phase of Werthan Lofts will hit the market very soon!
Plan is to start first with selling the 33 units on the fourth floor. The remaining units will be sold as owner-occupied condos over the next four years.
The 98 units going on the market should help to address a tight supply condos in the Nashville area. At downtown, for example, there’s only a three-month inventory of 64 resale condo units available to purchase, no developer-owned units and no new units planned or in the pipeline, according to a tracking by the Nashville Downtown Partnership that doesn’t include units in Germantown. (Getahn Ward from the Tennessean)
“When we started the 98 units, financing for condominiums was difficult to obtain, so we chose the short-term plan to lease those units,” Deutschmann explained. “Our intent had always been the entire project as condominiums and this will complete our vision for the project.”
Stay tuned for more details!
