1200 Brick Church Pike - Multi-Family FOR SALE


Nashville, TN 37207
$6,000,000 USD
615-708-2871
1200 Brick Church Pike, Nashville, TN for Sale
$6,000,000 USD
Multi-Family - FOR SALE
1/30
null | 9.55% Cap Rate

1200 Brick Church Pike
Nashville, TN 37207


HIGHLIGHTS

  • High earning potential STR in Hot Nashville Market
  • Rooftop decks to support hot tubs
  • All bedrooms have "en suite" bathroom

OVERVIEW

Discover an unparalleled investment opportunity in the heart of East Nashville—one of the city’s most rapidly redeveloping corridors. This newly built short-term rental project offers six premium units, each designed to maximize both luxury and return on investment. With modern amenities, prime location, and impressive financial performance, this property is positioned to be a cash-flow machine for years to come. New Construction, built in 2024, this project features six spacious units, each with 4 bedrooms and 4 bathrooms, ranging from 1,873 to 2,010 square feet. Every unit includes a rooftop deck with stunning views of the Nashville skyline, providing an attractive amenity for guests. Situated in East Nashville, these units are just minutes away from Station East, the Oracle development at River North, the East Bank development, and the upcoming Titans Stadium. This location benefits from the area’s ongoing transformation, making it a hot spot for both tourists and long-term renters. With a projected cap rate of 9.55%, this property stands out in the Nashville market, offering a robust return on investment. The East Nashville area has seen significant appreciation in recent years, a trend that is expected to continue given the ongoing developments and influx of investment in the region. Utilize cost segregation to maximize tax savings, enhancing your overall cash flow and return. With the combination of depreciation and appreciation, this property is not just a solid investment—it’s a strategic financial asset. This short-term rental project is more than just a property; it’s a gateway to tapping into Nashville’s booming tourism and real estate market. The combination of new construction, strategic location, and high financial performance makes this a standout opportunity. Whether you’re looking to diversify your portfolio or capitalize on Nashville’s growth, this property offers the perfect blend of immediate returns and long-term value.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$309 USD /SF

# OF UNITS

6

PRICE/UNIT

$1,000,000

CAP RATE

9.55%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riverside Commons

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2024

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

CS

APN/PARCEL ID

071-14-2J-001-00,071-14-2J-002-00,071-14-2J-003-00,071-14-2J-004-00,071-14-2J-005-00,071-14-2J-006-00,071-14-2J-007-00,071-14-2J-008-00,071-14-2J-009-00,071-14-2J-010-00,071-14-2J-011-00

ASK ABOUT THIS PROPERTY

Jonathan HawksAicre Real EstateMore Info
615-708-2871

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Jonathan HawksAicre Real EstateMore Info
615-708-2871

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.