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Bellshire Flats 1 biens • Immeuble residentiel • À vendre 2 890 713 $ CAD • Nashville, TN
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Faits saillants de l'investissement
- Six-duplex portfolio consisting of 12 total units, all located in a tight cluster along Westchester Drive and Tuckahoe Square West in North Nashville.
- Five of six roofs have been replaced within the past two years, with the remaining roof only four years old.
- Individually metered for water and electricity
- Rents are currently $133 below market rate.
- All units feature washer/dryer connections
- Located in North Nashville, approximately 15 minutes from Downtown, with proximity to employment centers, I-65, and Dickerson Pike retail corridors.
Résumé de l'annonce
Link to Deal Room and Financials: https://www.marcusmillichap.com/properties/204357/bellshire-flats
Marcus & Millichap has been selected to exclusively market for sale the Bellshire Flats in Nashville, TN. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in one of the nation’s fastest-growing markets.
Bellshire Flats is a 12-unit, six-building duplex portfolio clustered along Westchester Drive and Tuckahoe Square West in North Nashville. Built in 1985, the asset features a straightforward duplex configuration with washer/dryer hookups in all units and separately metered water and electric, supporting efficient operations. Current rents are approximately $130 below market, presenting a clear value-add opportunity through rent increases and modest operational improvements. The property is located approximately 15 minutes from Downtown Nashville with convenient access to I-65, Dickerson Pike retail, and key employment nodes. The surrounding submarket continues to experience steady infill and reinvestment, supporting near-term rental growth and long-term demand.
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 Bellshire Flats.
Marcus & Millichap has been selected to exclusively market for sale the Bellshire Flats in Nashville, TN. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in one of the nation’s fastest-growing markets.
Bellshire Flats is a 12-unit, six-building duplex portfolio clustered along Westchester Drive and Tuckahoe Square West in North Nashville. Built in 1985, the asset features a straightforward duplex configuration with washer/dryer hookups in all units and separately metered water and electric, supporting efficient operations. Current rents are approximately $130 below market, presenting a clear value-add opportunity through rent increases and modest operational improvements. The property is located approximately 15 minutes from Downtown Nashville with convenient access to I-65, Dickerson Pike retail, and key employment nodes. The surrounding submarket continues to experience steady infill and reinvestment, supporting near-term rental growth and long-term demand.
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 Bellshire Flats.
Faits sur la propriété
| Prix | 2 890 713 $ CAD | Nombre de propriétés | 6 |
| Prix/pi² | 1 513 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 5,73% | Taille totale du bâtiment | 1 911 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 0,42 AC |
| Statut | Actif |
| Prix | 2 890 713 $ CAD |
| Prix/pi² | 1 513 $ CAD / pi² |
| Taux de capitalisation | 5,73% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 6 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 1 911 pi² |
| Superficie totale du terrain | 0,42 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 208 Tuckahoe Sq W, Nashville, TN 37207 | Immeuble residentiel | 1 911 pi² | 1985 | - |
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Bellshire Flats
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