Welcome to an exclusive investment opportunity with this rare triplex in East Nashville, TN. Conveniently positioned at 1127 N. 5th Street, this multifamily property beckons experienced investors seeking to leverage the undeniable potential of the Nashville real estate market.

Key Property Details:

  • Location: 1127 N. 5th Street, Nashville, TN 37207
  • Built: 1956
  • Unit Mix: (All Units Currently Vacant)
    • 1 x 3-bedroom, 2-bathroom unit
    • 1 x 2-bedroom, 1-bathroom unit
    • 1 x 1-bedroom, 1-bathroom unit
  • Construction: Brick and hardy plank exterior
  • Utilities: Individually metered for water, electricity, and gas
  • HVAC: Central Heat and Air in 2 units, Baseboard and window units in 1 Unit.

Why Nashville?

East Nashville has become a hotspot for multifamily investments due to a confluence of factors that make it a standout market:

  1. Music City’s Economic Crescendo: As a dynamic economic hub, Nashville has experienced substantial growth across various sectors, including healthcare, technology, and finance. This translates into a robust job market, attracting a diverse and growing population.
  2. Population Magnet: Renowned for its cultural vibrancy and quality of life, Nashville consistently draws new residents. The influx of people fuels demand for rental properties, making it an ideal environment for multifamily investments.
  3. Tourism and Entertainment Capital: Nashville’s status as a premier tourist destination ensures a steady demand for short-term and long-term rental properties. The city’s entertainment scene, cultural attractions, and events contribute to the year-round appeal for residents.
  4. Thriving Arts and Education Scene: Home to world-class universities, a burgeoning arts scene, and a commitment to education, Nashville attracts students, young professionals, and families, creating a diverse tenant base.

Investment Highlights:

  • Unit Diversity: The property’s mix of 3-bedroom, 2-bedroom, and 1-bedroom units caters to a broad demographic, enhancing tenant appeal and marketability.
  • Low Maintenance: The combination of brick and hardy plank exterior ensures durability and low maintenance costs, providing long-term value for investors.

Operational Advantages:

  • Individually Metered Utilities: Tenants are responsible for their water, electricity, and gas usage, minimizing operational complexities and optimizing expense management.
  • Conveniences: there are Washer/dryer in each unit that will be sold with property 

Value-Add Opportunities:

  • Rental Rate Optimization: Substantial upside potential exists through the adjustment of rents to align with current market rates, optimizing cash flow and overall property value.
  • Strategic Renovation: Enhance the property’s overall appeal by renovating the 2/1 and the 1/1 units, increasing its rental potential and attracting high-quality tenants.
  • DADU Zoning: The property is zoned for a Detached Accessory Dwelling Unit (DADU), opening up additional development possibilities for savvy investors seeking to maximize the property’s potential.

This is a rare opportunity to capitalize on the dynamic growth of Nashville. For a comprehensive financial analysis, renovation projections, and to discuss the strategic potential of this multifamily property, connect with us today. Your investment journey in the heart of Nashville awaits.

Disclaimer: This offering is exclusively available to qualified investors. Due diligence is recommended, and all interested parties should consult with their financial advisors before making investment decisions.