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516 19th Ave N
Nashville, TN 37203
Multifamily Property For Sale
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23 Units
Investment Highlights
- Built in 2000 (Original Developer Ownership)
- Opportunity to Modernize Units
- 100% Occupied
- Condo Conversion Optionality
Executive Summary
This 23-unit townhome portfolio presents a rare urban infill investment opportunity in Nashville. Built in 2000 and offered by the original developer, the property consists entirely of spacious 2-bedroom, 2-bath floor plans ranging from 1,100 to 1,300 square feet. Situated on a 1.47-acre site, the community is 100% occupied, providing immediate operational flexibility for a new owner. Investors have the opportunity to implement a comprehensive renovation program and explore condo conversion optionality, creating multiple potential paths to maximize value.
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 23 | Lot Size | 1.47 AC |
| Property Type | Multifamily | Building Size | 16,066 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 1999 |
| Zoning | R6 | ||
| Sale Type | Investment |
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 1.47 AC |
| Building Size | 16,066 SF |
| No. Stories | 2 |
| Year Built | 1999 |
| Zoning | R6 |
Amenities
Unit Amenities
- Air Conditioning
- Wheelchair Accessible (Rooms)
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 23 | $2,187 CAD | 1,245 |
Property Taxes
| Parcel Number | 092-08-0-088 | Improvements Assessment | $1,494,453 CAD |
| Land Assessment | $724,597 CAD | Total Assessment | $2,219,051 CAD |
Property Taxes
Parcel Number
092-08-0-088
Land Assessment
$724,597 CAD
Improvements Assessment
$1,494,453 CAD
Total Assessment
$2,219,051 CAD
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