$8,875,000

Multi Family In Nashville

  • 16,050 Sqft
  • Updated: October 21
  • Source:
    Realtracs  MLS#3623394

About the Property

The three-story asset features an elevator-served layout and consists of 16 residential units and one retail space. The residential mix includes fifteen (15) two-bedroom, two-bathroom units averaging approximately 980 square feet, and one (1) three-bedroom, two-bathroom unit totaling approximately 1,300 square feet. The ground-floor retail space spans approximately 1,100 square feet and is fully l
The three-story asset features an elevator-served layout and consists of 16 residential units and one retail space. The residential mix includes fifteen (15) two-bedroom, two-bathroom units averaging approximately 980 square feet, and one (1) three-bedroom, two-bathroom unit totaling approximately 1,300 square feet. The ground-floor retail space spans approximately 1,100 square feet and is fully leased.
The retail tenant operates under a NNN lease structure with a renewal option in place. The tenants have demonstrated strong performance and expressed intent to renew, providing stable in-place income and reduced leasing risk.

The offering is presented as a fully furnished, turnkey investment, inclusive of all residential units and the stabilized retail component. All financial figures provided reflect current, in-place operations and are not based on pro forma assumptions. The Wanderer has demonstrated improving recent performance, with increasing occupancy and improved income trends in 2027.
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  • Property type

    Other

  • Floors

    3

  • Year built

    2020

  • Price/sqft

    $552

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404 Douglas Ave, Nashville, Tennessee, United States View on Google Maps
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Compass - Nashville

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Compass - Nashville
Tennessee, United States
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132
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Compass - Nashville
Nashville, Tennessee, United States
View agency profile
Last updated
October 21
First listed
October 21
Listing reference
3623394
Listing status
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