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2425 Atrium Way
Nashville, TN 37214 Merry Oaks

$15,375,000 USD

Apartments For Sale • 110,000 SF

Property Details

Property Type Apartments
Total Building Size 66,608 SF
Lot Size 2.65 AC
Building Class B
Year Built 2024
Zoning MUL-NS

28 Transit Score

24 Walk Score

                
                    Highlights
                
                                 Immediate Upside: Recently approved by MDHA for voucher program - implementation allowing potential increases to rents for studios to $1602, one bedr
                            
                                Newly Renovated (2024): Atrium Flats offers investors a true turnkey opportunity with minimal near-term capital needs.
                            
                                Strong Rent Positioning: Current asking rents average $1,063 ($3.05/SF) — well below submarket averages of $1,438 ($3.21/SF)
                            
                                High-Demand Micro-Unit Concept: Studio and one-bedroom units comprise over 95% of the property mix
                            
                                Professional Management: Operated by Elmington Property Management, one of the region’s leading multi-family operators.
                            
                                Excellent Connectivity: Located just off Briley Parkway and Elm Hill Pike, within 10 minutes of Downtown Nashville, Opry Mills, and BNA

Amenities

24 Hour Access
Air Conditioning
Business Center
Cable Ready
Controlled Access
Clubhouse
Concierge
Courtyard
Dishwasher
Fitness Center
Laundry Facilities
Microwave
Picnic Area
Pool
Property Manager on Site
Security System
Heating
Furnished Units Available
Grill
Package Service
Pet Play Area
Planned Social Activities
Renters Insurance Program
Wi-Fi
Kitchen
High Speed Internet Access
Refrigerator
Oven
Sprinkler System
Stainless Steel Appliances
Range
Tub/Shower
Carpet
Bicycle Storage
Car Charging Station
Community-Wide WiFi
Lounge
Maintenance on site
Vinyl Flooring
Private Bathroom
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Donelson (East Corridor Line - Tennessee Regional Transportation Authority Music City Star (Music City Star))	6 min	-	2.8 mi
Riverfront (East Corridor Line - Tennessee Regional Transportation Authority Music City Star (Music City Star))	11 min	-	6.5 mi
Airport	Drive	Walk	Distance
Nashville International	8 min	-	4.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Jana Truman 615-260-2807 SVN | Accel Commercial Real Estate

2425 Atrium Way Nashville, TN 37214 Merry Oaks