615-973-5373
1200 WH Davis Dr, Nashville, TN for Sale
Apartments - FOR SALE
1/41
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1200 WH Davis Dr
Nashville, TN 37208
Hadley Park


HIGHLIGHTS

  • Positioned within an Opportunity Zone, offering potential tax advantages for investors
  • Value-add potential through further interior upgrades and rent optimization
  • Approximately $150,000 in capital improvements over the past 36 months
  • Individually metered electricity with accounts in tenants’ names
  • Master-metered water system with monthly tenant bill-back of $50–$55
  • Owner covers trash service through Waste Management

OVERVIEW

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.

FOR SALE DETAILS

PRICE

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# OF UNITS

45

CAP RATE

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% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Flats at 1200

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.37 AC

LAND SF

103,237 SF

ZONING

-

APN/PARCEL ID

081-00-0-031

ASK ABOUT THIS PROPERTY

Patrick CosgroveMarcus & MillichapMore Info
615-973-5373

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Patrick CosgroveMarcus & MillichapMore Info
615-973-5373

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.