1970.

  • Dakota Courts

    $2,100,000
    Status

    Active

    Year Built

    Address

    3511/3519 Dakota Ave

    Number of Units

    Property Type

    Sqft

    Agent Phone Number

    615-281-9395

    Agent Email

    albert@ria-inc.com

    County

    Discover Dakota Courts – A Prime Investment in Nashville’s West End/Sylvan Heights

    Dakota Courts presents a rare opportunity to acquire a well-maintained 8-unit multifamily property in one of Nashville’s most desirable submarkets. Located at 3511/3519 Dakota Avenue, this property combines stable in-place income with long-term redevelopment potential, making it a standout asset in a supply-constrained, high-demand market.

    Each unit offers a practical 2-bedroom, 1-bath layout with in-unit laundry and hardwood floors, providing features that resonate with long-term renters. Professionally managed and cared for by the same ownership for over 20 years, Dakota Courts benefits from ongoing updates including new water heaters, appliances, interior renovations, and a full roof replacement in 2023.

    Currently 100% occupied with a strong rent roll of $11,925/month, the property provides immediate income while leaving room for future upside through a RUBs program and zoning that allows up to ~14 units. Just minutes from Downtown Nashville, Vanderbilt University, and Belmont University, Dakota Courts is positioned to capture the strong and steady rental demand that defines the West End/Sylvan Heights area.

    Investment Highlights:

    • Eight Income-Producing Units: All 2 bed / 1 bath layouts with stackable in-unit laundry and hardwood floors.

    • Stable In-Place Rent Roll: Fully leased, generating $11,925/month.

    • Tenant-Paid Utilities: Electricity separately metered; water currently master-metered with RUBs potential.

    • Recent Capital Improvements: New roof (2023), HVAC replacements (2011–2021), ongoing interior updates and replacements.

    • Redevelopment Potential: Zoned RM40, allowing up to ~14 units.

    • Prime Location: Sylvan Heights/West End—near Downtown, Vanderbilt, Belmont, and Nashville’s vibrant cultural hubs.

  • Dyersburg 8-Plex

    $425,000
    Status

    Sold

    Year Built

    Address

    1002 Hillcrest Ave. Dyersburg, TN

    Number of Units

    Property Type

    Sqft

    Listing Agent

    Agent Phone Number

    (253) 431-6048

    Agent Email

    kristina@ria-inc.com

    County

    Discover a solid investment opportunity in the heart of Dyersburg, TN. This 8-unit multifamily property, located at 1002 Hillcrest Avenue, offers a dependable mix of function and potential. Each unit spans approximately 810 sq. ft. and includes 2 bedrooms and 1 bathroom, providing a practical layout that appeals to long-term tenants. With individually metered electric and water, and an on-site laundry room for added tenant convenience, this property is well-positioned for efficient operations and consistent performance.

    Investment Highlights:

    1. Eight Spacious Units: All units feature 2 bedrooms and 1 bathroom across approximately 810 sq. ft., creating a balanced layout ideal for renters in the area.

    2. Individually Metered Utilities: Electric and water are separately metered, allowing for straightforward utility management and lower owner expenses.

    3. On-Site Laundry Room: Tenants enjoy access to a shared laundry facility, a key amenity that enhances tenant satisfaction and retention.

    4. Well-Maintained with Ongoing Updates: Property is professionally managed with repairs and renovations completed as needed to maintain quality standards.

    5. Strong Local Demand: Dyersburg continues to show steady demand for affordable rental housing, and with limited multifamily inventory, this asset offers stable occupancy and long-term upside.