Music Row Apartment Complex Note 16 Sold For $19.33 Million

Note 16. Photo: Molly Hannula

The Note 16 apartment community at 1520 Horton Ave. has been sold to Seattle-based developer Security Properties Inc., reports The Tennessean. Purchase price for the 225-unit Music Row-area property was $19.33 million.

Security Properties Inc. also purchased the Opus 29 apartment on 29th Ave. N. for $34.4 million. Affiliates of Loma Linda University in Loma Linda, California have been listed as the sellers of both properties.