Country music power couple Tim McGraw and Faith Hill sold their 620-acre farm near Nashville to a new investor group for $15 million.

The property features the historic Beechwood Hall, built in 1865 and later owned by Hank Williams Sr.

BKDM, the group that purchased the property, is led by Columbia, Tennessee real estate broker Dan McEwen, and also involves Pinnacle Asset Management Founding Partner and Managing Director Brock Kidd and Columbia Mayor Chaz Molder.

While the group hasn't yet announced its plans for the property, it hopes to preserve the land's history and plans to continue searching for other valuable land in Middle Tennessee.

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"I’m a proud Tennessee native and have many wonderful memories from my family’s time in Leiper’s Fork," Kidd said in a news release. "This farm could very well be the most beautiful in our state, and the fact that it is located six minutes from downtown Franklin makes it all the more remarkable."

The sale was first reported by the Nashville Business Journal.

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This article originally appeared on Nashville Tennessean: Tim McGraw and Faith Hill sell Franklin farm to investors for $15M