8 Unit Nashville Portfolio
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8 Unit Nashville Portfolio
2 Residential Properties Offered at £874,959 in Nashville, TN
Investment Highlights
- Seller concessions offered for exterior improvements.
- Value add potential due to below market rents and minor improvements needed.
- Properties were built in the early '80s, renovated in 2012, and are professionally managed.
Executive Summary
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.
Data Room Click Here to Access
- Offering Memorandum
Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | £874,959 | Status | Active |
| Price / SF | £129.97 / SF | Number of Properties | 2 |
| Sale Conditions | Portfolio Sale | Individually For Sale | 0 |
| Net Initial Yield | 5.65% | Total Building Size | 6,732 SF |
| Sale Type | Investment | Total Land Area | 0.36 AC |
| Price | £874,959 |
| Price / SF | £129.97 / SF |
| Sale Conditions | Portfolio Sale |
| Net Initial Yield | 5.65% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,732 SF |
| Total Land Area | 0.36 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5144-5152 Linbar Dr, Nashville, TN 37211 | Residential | 4,488 SF | 1983 | - |
| 5158 Linbar Dr, Nashville, TN 37211 | Residential | 2,244 SF | 1983 | - |
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8 Unit Nashville Portfolio
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