SVN Accel Commercial Real Estate is pleased to present a rare Investment opportunity to own Three 4 units in Nashville. 4 Unit building is part of a 12 unit portfolio. Prefer to sell 5144 & 5152 Linbar Dr (MLS #2640792) & (MLS #2640794) together as 8 units. 209 E Webster is included in the portfolio and can be sold separately. Commercially Zoned OR20. Building has been professionally maintained and managed by a local property manager. Units are all 1 bed 1 bath, separate utilities, tenants pay all utilities. 10yr old metal roof, newer LVP flooring, new paint, water heaters, designated parking spaces in the back. Window AC units for cooling, baseboard heating. Market rent is $975 / unit, currently below market. Light value add opportunity to increase rents & maximize income. All tenants are on annual leases. Located in the growing Madison neighborhood. Property occupancy rate has been near 100% since acquisition. See attached brochure for more info on the portfolio opportunity.
2640789
Fourplex, Multi-Family, 1 Story
Davidson
1982
Public
1
Brick,Vinyl siding
Public Sewer
2,046
Sq. Ft.
Montague
Water Available
School Information
Stratton Elementary
Madison Middle
Hunters Lane Comp High School
Detailed Room Information
- Laundry
- Electric Dryer Hookup, Washer Hookup
Interior Features
- Square FootageAbove (approx)
- 2,046 Sq. Ft. Above Ground. Sq. Ft. Below Ground.
- Flooring
- Laminate
- Cooling
- Window/Wall Unit, Window Unit(s)
- Heating
- Electric Heating. Baseboard.
- Security
- Smoke Detector(s)
Exterior / Lot Features
- Parking
- 4 Parking Spaces.
- Exterior
- Brick, Vinyl
- Roof
- Metal
- Lot Dimensions
- 62 X 129
- Zoning
- OR20
Community Features
- Security Features
- Smoke Detector(s)
- Complex Features
- Smoke Detector(s)
Financial Considerations
14802010800
$2,529
Arrows indicate 90 day trend
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