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824 Watts Ln 5 Unit Apartment Building $4,366,125 CAD ($873,225 CAD/Unit) Nashville, TN 37209
Investment Highlights
- Proximity to downtown/Vanderbilt. 10 minutes from everything
- Rooftop decks
- New high-end construction Modern finishes
Executive Summary
Industry Square presents a boutique multifamily investment opportunity in highly desirable West Nashville, one of the most supply-constrained and rent-resilient submarkets in Nashville. This exclusive offering consists of five meticulously constructed residences designed to meet the expectations of today’s renters seeking modern finishes, functional layouts, and proximity to urban amenities.
Strategically located just minutes from premier shopping, dining, and entertainment — with convenient access to downtown Nashville — the property is well-positioned to capture strong and sustained rental demand. West Nashville continues to attract young professionals, healthcare workers, and corporate transplants, supported by the region’s expanding job base and steady in-migration.
Nashville’s rental market remains one of the strongest in the Southeast, characterized by solid occupancy rates, consistent rent growth, and a positive long-term economic outlook driven by healthcare, technology, education, and entertainment sectors. Population growth and business relocations continue to underpin durable housing demand across the MSA.
Each residence at Industry Square features quality construction and elevated finishes, enhancing tenant appeal and supporting premium rental positioning. The asset offers investors an opportunity for stable cash flow with long-term appreciation potential in a high-growth market.
A detailed pro forma is available upon request, outlining projected income, operating expenses, and return metrics.
For investors seeking to expand their multifamily portfolio in a dynamic, high-demand market, Industry Square represents a compelling acquisition opportunity.
Strategically located just minutes from premier shopping, dining, and entertainment — with convenient access to downtown Nashville — the property is well-positioned to capture strong and sustained rental demand. West Nashville continues to attract young professionals, healthcare workers, and corporate transplants, supported by the region’s expanding job base and steady in-migration.
Nashville’s rental market remains one of the strongest in the Southeast, characterized by solid occupancy rates, consistent rent growth, and a positive long-term economic outlook driven by healthcare, technology, education, and entertainment sectors. Population growth and business relocations continue to underpin durable housing demand across the MSA.
Each residence at Industry Square features quality construction and elevated finishes, enhancing tenant appeal and supporting premium rental positioning. The asset offers investors an opportunity for stable cash flow with long-term appreciation potential in a high-growth market.
A detailed pro forma is available upon request, outlining projected income, operating expenses, and return metrics.
For investors seeking to expand their multifamily portfolio in a dynamic, high-demand market, Industry Square represents a compelling acquisition opportunity.
Property Facts
| Price | $4,366,125 CAD | Building Class | B |
| Price Per Unit | $873,225 CAD | Lot Size | 1.06 AC |
| Sale Type | Investment | Building Size | 10,070 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | Parking Ratio | 2.18/1,000 SF |
| Apartment Style | Townhome | ||
| Zoning | RM15-A - Residential multifamily 15 units an acre | ||
| Price | $4,366,125 CAD |
| Price Per Unit | $873,225 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 1.06 AC |
| Building Size | 10,070 SF |
| No. Stories | 3 |
| Year Built | 2024 |
| Parking Ratio | 2.18/1,000 SF |
| Zoning | RM15-A - Residential multifamily 15 units an acre |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer Hookup
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Island Kitchen
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Pet Play Area
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 5 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 103-01-3B-900.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $195,602 CAD | Total Assessment | $195,602 CAD |
Property Taxes
Parcel Number
103-01-3B-900.00
Land Assessment
$195,602 CAD
Improvements Assessment
$0 CAD
Total Assessment
$195,602 CAD
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824 Watts Ln
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