8 Unit Nashville Portfolio Multi-Family FOR SALE


Nashville, TN
$1,099,998 USD
615-671-4544
, Nashville, TN for Sale
$1,099,998 USD
Multi-Family - FOR SALE
1/34
null | 5.65% Cap Rate

8 Unit Nashville Portfolio
Nashville, TN


HIGHLIGHTS

  • Seller concessions offered for exterior improvements.
  • Properties were built in the early '80s, renovated in 2012, and are professionally managed.
  • Value add potential due to below market rents and minor improvements needed.

OVERVIEW

8 unit portfolio in the greater Nashville area consisting of 2 adjacent buildings both 4 units each. Built in 1983 and fully renovated in 2012, well maintained, and professionally managed by a local property manager. These properties have been meticulously taken care o by the owner. New paint, newer LVP flooring, newer hot water heaters, In unit washer / dryers hook ups. 1 unit has been left vacant or showing purposes. Both buildings are Zoned OR20, the property presents versatile exit strategies with potential to increase rents to maximize cash low making it a potential value add or investors seeking long-term value and growth in the thriving Nashville market. This zoning also permits Non-Owner Occupied Short Term Rental permits. Please reach out to Agent or access to more pictures and to set up a tour or the vacant units. Please do not disturb tenants.

ASK ABOUT THIS PROPERTY

Jana TrumanSVN | Accel Commercial Real EstateMore Info
615-671-4544

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Jana TrumanSVN | Accel Commercial Real EstateMore Info
615-671-4544

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