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FAITS SAILLANTS DE L'INVESTISSEMENT
- Positioned within an Opportunity Zone, offering potential tax advantages for investors
- Approximately $150,000 in capital improvements over the past 36 months
- Master-metered water system with monthly tenant bill-back of $50–$55
- Value-add potential through further interior upgrades and rent optimization
- Individually metered electricity with accounts in tenants’ names
- Owner covers trash service through Waste Management
RÉSUMÉ DE L'ANNONCE
Link to Deal room and Financials: https://www.marcusmillichap.com/properties/194003/the-flats-at-1200
Marcus & Millichap has been selected to exclusively market for sale The Flats at 1200 located in Nashville, TN. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in one of America’s fastest-growing cities.
The Flats at 1200 offers investors a compelling opportunity to acquire a 45-unit multifamily asset in North Nashville, one of the city’s fastest-growing submarkets. With approximately $150,000 in recent capital improvements and additional value-add potential, the property benefits from strong rental demand, proximity to major institutions, and its location within an Opportunity Zone—providing both immediate cash flow and long-term upside.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
At no point should tenants or staff be contacted regarding the sale of The Flats at 1200.
Marcus & Millichap has been selected to exclusively market for sale The Flats at 1200 located in Nashville, TN. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in one of America’s fastest-growing cities.
The Flats at 1200 offers investors a compelling opportunity to acquire a 45-unit multifamily asset in North Nashville, one of the city’s fastest-growing submarkets. With approximately $150,000 in recent capital improvements and additional value-add potential, the property benefits from strong rental demand, proximity to major institutions, and its location within an Opportunity Zone—providing both immediate cash flow and long-term upside.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
At no point should tenants or staff be contacted regarding the sale of The Flats at 1200.
FAITS SUR LA PROPRIÉTÉ
| Type de vente | Investissement | Taille du bâtiment | 27 851 pi² |
| Nombre d’unités | 45 | Occupation moyenne | 100% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 2 |
| Sous-type de propriété | Appartement | Année de construction | 1966 |
| Style d’appartement | Jardin | Ratio de stationnement | 3,59/1 000 pi² |
| Classe d’immeuble | C | Zone de développement économique |
Oui
|
| Taille du lot | 2,37 AC |
| Type de vente | Investissement |
| Nombre d’unités | 45 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Jardin |
| Classe d’immeuble | C |
| Taille du lot | 2,37 AC |
| Taille du bâtiment | 27 851 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 2 |
| Année de construction | 1966 |
| Ratio de stationnement | 3,59/1 000 pi² |
| Zone de développement économique |
Oui |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Planchers de tuiles
- Cuisine
- Réfrigérateur
- Four
- Fourchette
- Bain/Douche
- Tapis
COMMODITÉS DU SITE
- Accès 24 heures
- Entretien sur place
- Sans ascenseur
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 1+1 | 14 | - | 528 |
| 2+1 | 31 | - | 646 - 700 |
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Impôts fonciers
| Numéro de lot | 081-00-0-031 | Évaluation des bâtiments | 683 515 $ CAD |
| Évaluation du terrain | 23 156 $ CAD | Évaluation totale | 706 671 $ CAD |
Impôts fonciers
Numéro de lot
081-00-0-031
Évaluation du terrain
23 156 $ CAD
Évaluation des bâtiments
683 515 $ CAD
Évaluation totale
706 671 $ CAD
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The Flats at 1200 | 1200 WH Davis Dr
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