2425 Atrium Way | Nashville, TN 37214
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2425 Atrium Way
Nashville, TN 37214
Atrium Flats · Multifamily Property For Sale
·
123 Units
INVESTMENT HIGHLIGHTS
- - Newly Renovated (2024): Atrium Flats offers investors a true turnkey opportunity with minimal near-term capital needs.
- - High-Demand Micro-Unit Concept: Studio and one-bedroom units comprise over 95% of the property mix
- - Excellent Connectivity: Located just off Briley Parkway and Elm Hill Pike, within 10 minutes of Downtown Nashville, Opry Mills, and BNA
- - Strong Rent Positioning: Current asking rents average $1,117 ($3.35/SF) — well below submarket averages of $1,438 ($3.21/SF) offering significant up
- - Professional Management: Operated by Elmington Property Management, one of the region’s leading multi- family operators.
PROPERTY FACTS
| No. Units | 123 | Lot Size | 2.65 AC |
| Property Type | Multifamily | Building Size | 110,000 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1965/2024 |
| Building Class | B | ||
| Zoning | CS | ||
| No. Units | 123 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 2.65 AC |
| Building Size | 110,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1965/2024 |
| Zoning | CS |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Fitness Center
- Laundry Facilities
- Pool
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 47 | - | 241 |
| 1+1 | 68 | - | 366 - 675 |
| 2+2 | 5 | - | 556 |
PROPERTY TAXES
| Parcel Number | 095-10-0-128 | Improvements Assessment | $6,029,498 |
| Land Assessment | $632,052 | Total Assessment | $6,661,550 |
PROPERTY TAXES
Parcel Number
095-10-0-128
Land Assessment
$632,052
Improvements Assessment
$6,029,498
Total Assessment
$6,661,550
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