631-357-6129
4040 Travis Dr, Nashville, TN for Sale
Apartments - FOR SALE
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4040 Travis Dr
Nashville, TN 37211
Outer Southeast Nashville


HIGHLIGHTS

  • Strategic South Nashville location with direct connectivity to major employment centers
  • Located within 15 minutes of Nashville International Airport
  • Recently constructed multifamily community featuring modern unit finishes
  • Zero deferred maintenance, significantly reducing near-term capital expenditure requirements
  • Meaningful opportunity to expand non-rent revenue streams through additional ancillary income programs

OVERVIEW

MMG Real Estate Advisors is pleased to present 7 at Seven Mile Creek, a 129-unit, Class COMMUNITY AMENITIES A multifamily community built in 2022 and currently in active lease-up stabilization, strategically located in South Nashville between the I-65 and I-24 corridors, approximately five miles from Downtown Nashville. The property provides direct connectivity to I-65, I-24, and Nashville’s primary employment corridors, placing residents within a short commute of Downtown Nashville, the Berry Hill commercial district, Wedgewood Houston, Brentwood, and several of the region’s largest healthcare and corporate employers. 7 at Seven Mile Creek represents a rare opportunity to acquire a recently constructed multifamily asset in one of Nashville’s most supply-constrained infill corridors, offering investors the ability to capitalize on continued population and employment growth across the metro. The community features a mix of studio, one-, and two-bedroom residences designed to appeal to Nashville’s expanding professional workforce, complemented by a full amenity package including a resident clubhouse, co-working lounge with coffee bar, podcast studio, fitness center, and multiple indoor and outdoor gathering spaces. Current in-place rents present an opportunity to capture approximately ~$50+ per unit of mark-to-market rental upside, while operational improvements and revenue optimization initiatives provide a clear path to improved Net Operating Income (NOI). As new multifamily deliveries moderate across the Nashville market and demand fundamentals remain strong, 7 at Seven Mile Creek is well positioned to benefit from improving submarket occupancy and continued rent growth.

FOR SALE DETAILS

PRICE

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# OF UNITS

129

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 at Seven Mile Creek

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2022

PARKING SPACES

149

LAND DETAILS

LAND ACRES

2.31 AC

LAND SF

100,624 SF

ZONING

MULTI-ZONE

APN/PARCEL ID

13315010600

ASK ABOUT THIS PROPERTY

631-357-6129

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631-357-6129

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