925 Boscobel St - Apartments FOR SALE


Nashville, TN 37206- East Nashville
$1,950,000 USD
615-957-5626
925 Boscobel St, Nashville, TN for Sale
$1,950,000 USD
Apartments - FOR SALE
1/22
null | 4.32% Cap Rate

925 Boscobel St
Nashville, TN 37206
East Nashville


OVERVIEW

This 5-plex apartment building in East Nashville’s vibrant Five Points area offers a prime investment opportunity. With five income-producing units, it combines convenience and opportunity for future development. Recent upgrades include new roof, fresh exterior paint and new energy-efficient windows throughout! This investment property is a great addition to any rental portfolio. Unit 1 is 1 bed/1 bath with washer & dryer for $1,395/month lease ends 4/30/26. Unit 2 is 1 bed/1 bath for $1,395/month, Lease ends 6/30/26. Unit 3 is a fully furnished studio/1 bath for $1,275/month, Lease ends 7/31/26. Unit 4 is a fully renovated 2 bed/1 bath with washer & dryer for $1,850/month, Lease ends 8/12/25. Unit 5 is a 2 bed/1 bath with washer & dryer for $1,750/month, Lease ends 1/31/26. *The owner/lessor pays for water, trash, shared WiFi for units 4 & 5, pest control, landscaping, and maintenance. Apartments are individually metered and Tenants pay their own electric. Important Notes: Do not disturb tenants. Showings are approved upon accepted offer. Financial Overview: Gross Income: $91,980/year Approximate Operating Expenses: $7,795/year (includes water, sewer, trash, WiFi, landscaping, maintenance) Approximate Net Income: $84,185/year

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$399 USD /SF

# OF UNITS

5

PRICE/UNIT

$390,000

CAP RATE

4.32%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

R8

APN/PARCEL ID

082-16-0-280

ASK ABOUT THIS PROPERTY

Kel WilliamsExit Realty EliteMore Info
615-957-5626

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Kel WilliamsExit Realty EliteMore Info
615-957-5626

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