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Patrician Terrace apartment complex, 1585 Hollywood Drive, sells for $4.9 million

Patrician Terrace Apartments, 1585 Hollywood Drive have been sold.

SS Hollywood GP purchased the 102 unit complex from Patrician Terrace TN LP for $4,900,000.

According to the company website, the apartment units consist of 1 bedroom, 1 bath, 2 bedrooms, 1.5 baths and 3 bedrooms, 2 baths.

In October 2021, Cherry Grove Apartments, located off Walker Road near Union University, sold.

Cherry Grove Jackson Owners LLC sold the 380-unit complex to Cherry Grove Jackson LLC, Cherry Pick TN LLC and Bailard Cherry LLC, 27 Dunn Ridge Drive for $52,000,000.

(PHOTO: Patrician Terrace Apartments, 1585 Hollywood Drive)

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