Aerospace Flats presents a rare opportunity to invest in a recently repositioned, 42-unit multifamily asset located just 15 minutes from downtown Nashville. Formerly a motel, this property has been successfully transformed into stable multifamily housing, already producing a strong in-place return with a 6.3% cap rate. Recent improvements to infrastructure and building systems—including the addition of kitchenettes in 15 units—reduce near-term capital expenditures and provide a solid operational foundation. The flexible unit mix lends itself to a variety of strategies, from workforce housing to short-term or extended-stay rentals, offering investors adaptability based on market demand and operator goals. Aerospace Flats also benefits from a prime location with outstanding regional connectivity. It sits just 3 miles from Nashville International Airport and provides quick access to major interstates including I-40, I-24, and I-840. The property is also minutes from high-traffic retail and dining corridors like Murfreesboro Pike and Harding Place, home to Kroger, Walmart, and popular local eateries. Surrounded by major employers such as FedEx, Amazon, Asurion, and Bridgestone Americas, and with close proximity to Nashville’s cultural landmarks and business districts, Aerospace Flats offers both immediate yield and long-term upside in one of the Southeast’s fastest-growing markets.