Multifamily
The Flats at 1200
1200 WH Davis Drive, Nashville, TN 37208
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale The Flats at 1200 located in Nashville, TN. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in one of America’s fastest-growing cities.
The Flats at 1200 offers investors a compelling opportunity to acquire a 45-unit multifamily asset in North Nashville, one of the city’s fastest-growing submarkets. With approximately $150,000 in recent capital improvements and additional value-add potential, the property benefits from strong rental demand, proximity to major institutions, and its location within an Opportunity Zone—providing both immediate cash flow and long-term upside.
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.
At no point should tenants or staff be contacted regarding the sale of The Flats at 1200.
The Flats at 1200
Investment Highlights
- Approximately $150,000 in capital improvements over the past 36 months
- Recent upgrades include landscaping, interior and exterior painting, laundry units, HVAC replacements, and plumbing updates in select units
- Individually metered electricity with accounts in tenants' names, and a master-metered water system with a monthly tenant bill-back of $50–$55
- Potential to add amenities such as a dog park or outdoor common area for tenants
- Opportunity for a potential investor to convert the property into student housing for either Tennessee State or University or Fisk University
Exclusively Listed By
Financing By
Investment Highlights
- Approximately $150,000 in capital improvements over the past 36 months
- Recent upgrades include landscaping, interior and exterior painting, laundry units, HVAC replacements, and plumbing updates in select units
- Individually metered electricity with accounts in tenants' names, and a master-metered water system with a monthly tenant bill-back of $50–$55
- Potential to add amenities such as a dog park or outdoor common area for tenants
- Opportunity for a potential investor to convert the property into student housing for either Tennessee State or University or Fisk University
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale The Flats at 1200 located in Nashville, TN. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in one of America’s fastest-growing cities. The Flats at 1200 offers investors a compelling opportunity to acquire a 45-unit multifamily asset in North Nashville, one of the city’s fastest-growing submarkets. With approximately $150,000 in recent capital improvements and additional value-add potential, the property benefits from strong rental demand, proximity to major institutions, and its location within an Opportunity Zone—providing both immediate cash flow and long-term upside. 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. At no point should tenants or staff be contacted regarding the sale of The Flats at 1200.
Exclusively Listed By
Financing By
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