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Multifamily

Stratford Apartments

1601 Stratford Ave, Nashville, TN 37216

Listing Price: $1,150,000

Cap Rate
6.31%
Number of Units
7
GRM
8.41
Price/Unit
$164,286
Price/Gross SF
$101.21
Gross SF
11,362

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the Stratford Apartments in Nashville, TN. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in one of the nation's fastest-growing cities.

Stratford Apartments is a rare 7-unit multifamily property in East Nashville, one of the city’s most desirable neighborhoods. Built in 1935, it offers classic architectural charm and strong value-add potential through renovations to boost rents and asset value. The mix of one- and two-bedroom units attracts a broad tenant base, while proximity to downtown, retail, and entertainment ensures consistent demand. With Nashville’s continued growth and limited supply of small multifamily assets, this property provides an attractive opportunity for investors seeking manageable operations and long-term appreciation.

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 Stratford Apartments.

Investment Highlights

  • Located in one of Nashville's most vibrant and desirable neighborhoods, offering strong rental demand and proximity to downtown, retail, dining, and entertainment.
  • Boutique 7-unit property featuring classic architectural charm and value-add potential through interior and exterior upgrades to enhance rents and asset value.
  • Small multifamily buildings in East Nashville are rare, creating scarcity value and long-term appreciation potential.
  • Nashville continues to experience population growth, job creation, and rising rental rates, especially in urban-core neighborhoods like East Nashville.

Exclusively Listed By

Financing By

Multifamily

Stratford Apartments

Listing Price: $1,150,000

Cap Rate
6.31%
Number of Units
7
GRM
8.41
Price/Unit
$164,286
Price/Gross SF
$101.21
Gross SF
11,362

Investment Highlights

  • Located in one of Nashville's most vibrant and desirable neighborhoods, offering strong rental demand and proximity to downtown, retail, dining, and entertainment.
  • Boutique 7-unit property featuring classic architectural charm and value-add potential through interior and exterior upgrades to enhance rents and asset value.
  • Small multifamily buildings in East Nashville are rare, creating scarcity value and long-term appreciation potential.
  • Nashville continues to experience population growth, job creation, and rising rental rates, especially in urban-core neighborhoods like East Nashville.

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the Stratford Apartments in Nashville, TN. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in one of the nation's fastest-growing cities. Stratford Apartments is a rare 7-unit multifamily property in East Nashville, one of the city’s most desirable neighborhoods. Built in 1935, it offers classic architectural charm and strong value-add potential through renovations to boost rents and asset value. The mix of one- and two-bedroom units attracts a broad tenant base, while proximity to downtown, retail, and entertainment ensures consistent demand. With Nashville’s continued growth and limited supply of small multifamily assets, this property provides an attractive opportunity for investors seeking manageable operations and long-term appreciation. 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 Stratford Apartments.

Exclusively Listed By

Financing By

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