An apartment complex in Brainerd has sold for over $15 million.
The complex at 312 McBrien Road was formerly known as the Royal Arms Apartments.
It is now called the Midtown Ridge Apartments.
The sale was to 312 Mcbrien Road Llc from Momi Llc for $15,050,000.
Officials said, "Midtown Ridge Apartments is a beautifully landscaped community located in midtown Chattanooga that offers spacious, updated apartment homes.
Our charming courtyard offers a peaceful atmosphere with ample seating and outdoor grills. Have a relaxing afternoon on the sundeck surrounding our beautiful pool.
"Located in Chattanooga’s up-and-coming Brainerd neighborhood, Midtown Ridge offers the conveniences of urban living in a residential environment."