AMPLIFY ON MAIN
In July 2015, Champion acquired Amplify on Main (“Amplify”) as a high yielding, core plus investment. Built in 2014, Amplify provides efficient new build product with a mix of 51 apartment units in a four-story midrise building and 23 townhomes. Unit finishes include premium features such as stainless steel appliances, granite countertops, 9’-10’ ceilings and direct access garages.
Located in East Nashville, Amplify is situated in the heart of Nashville’s most eclectic submarket that is a vibrant and hip urban center with surging rental demand. In 2015 East Nashville was named one of “the 12 coolest neighborhoods in America” that “oozes cool through its bars, restaurants, and music venues”
The purchase of Amplify was a result of a 1031 exchange from the sale of the One Westside Shopping Center in West Los Angeles, California.