824 Watts Ln - Apartments FOR SALE


Nashville, TN 37209- Whitebridge
$3,125,000 USD
901-489-0297
824 Watts Ln, Nashville, TN for Sale
$3,125,000 USD
Apartments - FOR SALE
1/52
null | Request Cap Rate

824 Watts Ln
Nashville, TN 37209
Whitebridge


HIGHLIGHTS

  • Proximity to downtown/Vanderbilt. 10 minutes from everything
  • New high-end construction Modern finishes
  • Rooftop decks

OVERVIEW

Industry Square presents a boutique multifamily investment opportunity in highly desirable West Nashville, one of the most supply-constrained and rent-resilient submarkets in Nashville. This exclusive offering consists of five meticulously constructed residences designed to meet the expectations of today’s renters seeking modern finishes, functional layouts, and proximity to urban amenities. Strategically located just minutes from premier shopping, dining, and entertainment — with convenient access to downtown Nashville — the property is well-positioned to capture strong and sustained rental demand. West Nashville continues to attract young professionals, healthcare workers, and corporate transplants, supported by the region’s expanding job base and steady in-migration. Nashville’s rental market remains one of the strongest in the Southeast, characterized by solid occupancy rates, consistent rent growth, and a positive long-term economic outlook driven by healthcare, technology, education, and entertainment sectors. Population growth and business relocations continue to underpin durable housing demand across the MSA. Each residence at Industry Square features quality construction and elevated finishes, enhancing tenant appeal and supporting premium rental positioning. The asset offers investors an opportunity for stable cash flow with long-term appreciation potential in a high-growth market. A detailed pro forma is available upon request, outlining projected income, operating expenses, and return metrics. For investors seeking to expand their multifamily portfolio in a dynamic, high-demand market, Industry Square represents a compelling acquisition opportunity.

FOR SALE DETAILS

PRICE

$3,125,000 USD

PRICE/SF

$310 USD /SF

# OF UNITS

5

PRICE/UNIT

$625,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

22

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,000 SF

ZONING

RM15-A

APN/PARCEL ID

103-01-3B-900.00

ASK ABOUT THIS PROPERTY

Nevin BatiwallaCompassMore Info
901-489-0297

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Nevin BatiwallaCompassMore Info
901-489-0297

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