Centennial Snaps Up Mount Juliet Community for $47.75M
- Jan 07, 2015
The former Aventura at Providence apartment community in Mount Juliet has joined Centennial Holding Co.’s portfolio. Renamed Century Providence, the 334-unit community’s sale has set a new record for Wilson County with its $143,000-per-unit sale price, reported the Nashville Business Journal. Centennial purchased the community from Tribridge Residential, paying a total of $47.75 million. The community’s management has been transferred to First Communities. According to the same source, the community has consistently sported occupancy levels in the upper 90s since opening in 2007.
Located in Mount Juliet, Century Providence sits 20 miles east of Nashville. The community comprises one-, two- and three-bedroom apartments. Units range between 830 square feet and 1,271 square feet. Apartments feature extra storage, a patio or balcony, walk-in closets, pantries, dishwasher and washer and dryer. Century Providence features high end community amenities such as two pools (one saltwater and one chlorine) , a poolside fireplace, tanning beds, pet park, car wash, garages and covered parking, guest suite, broadband internet and controlled access.
The community also boasts proximity to high-quality shopping at Providence Marketplace, the largest open air marketplace in Middle Tennessee. The shopping center, which features over 835,000 square feet of retail and restaurant space, is anchored by Target, Belk, Best Buy, Dick’s Sporting Goods, JC Penney, Kroger, Old Navy and others.
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Image courtesy of Century Providence (formerly Aventura at Providence) via Facebook