Skip to main content

Multifamily

The Flats on 17th

1728 17th Ave N, Nashville, TN 37208

Listing Price: $1,700,000

Cap Rate
5.19%
Number of Units
9
Price/Unit
$188,889
Price/Gross SF
$236.11
Gross SF
7,200

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Nashville, TN. This offering will allow a potential investor to purchase a rare Value-Add Opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE FLATS ON 17TH.

Investment Highlights

  • New roofing and new HVAC
  • 8 Out of 9 units completely renovated
  • Units individually metered for water and electric

Exclusively Listed By

Financing By

Multifamily

The Flats on 17th

Listing Price: $1,700,000

Cap Rate
5.19%
Number of Units
9
Price/Unit
$188,889
Price/Gross SF
$236.11
Gross SF
7,200

Investment Highlights

  • New roofing and new HVAC
  • 8 Out of 9 units completely renovated
  • Units individually metered for water and electric

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Nashville, TN. This offering will allow a potential investor to purchase a rare Value-Add Opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE FLATS ON 17TH.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower