Apartments For Sale • 123,567 SF
| Institutional-Scale Asset: 112-unit community offering true scale, management efficiencies, and strong exit liquidity in the Nashville MSA. |
| Clear NOI Growth Potential: Currently ~75% occupied, providing immediate upside through lease-up and operational improvements. |
| Below-Market Rents: Average rents of ~$1.18/SF vs. ~$1.29/SF comps create strong mark-to-market opportunity. |
| Value-Add Renovation Opportunity: 1978 construction with deferred maintenance allows for impactful upgrades and increased value. |
| Attractive Unit Mix: Balanced mix of 1BR, 2BR, and 3BR units with larger floor plans supporting broad renter demand. |
| Strong Madison Location: Minutes from East Nashville and the East Bank/Oracle redevelopment corridor. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Hermitage (East Corridor Line - Tennessee Regional Transportation Authority Music City Star (Music City Star)) | 16 min | - | 9.1 mi |
| Airport | Drive | Walk | Distance |
| Nashville International | 25 min | - | 14.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 226 |
| Type: | Surface |
| Included in Rent: | Yes |