Multifamily
Walton Place
126 Walton Ferry Rd, Hendersonville, TN 37075
Listing Price: $5,948,850
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale The Walton Place Apartments in Hendersonville, TN. This offering will allow a potential investor to purchase a prime multifamily asset in one of Nashville’s rapidly growing suburbs of Hendersonville.
Walton Place offers investors the opportunity to acquire a 36-unit multifamily community in Hendersonville, TN that has undergone nearly $1 million in capital improvements over the past four years. Current ownership has completed extensive exterior and mechanical upgrades, including new roofs, windows, HVAC systems, and renovations to a majority of units. The property provides stable operations with utility bill-back infrastructure already in place and additional upside through continued interior renovations and operational efficiencies.
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 Walton Place.
Investment Highlights
- Significant capital improvement program with $998,336 invested over the past 48 months.
- 24 of 36 units have been renovated, renovations mostly include white cabinetry, stainless-steel appliances, luxury vinyl flooring, updated bathrooms, fresh paint, and modern lighting.
- 33 of 36 HVAC systems have been replaced since 2020.
- All windows were replaced within the last 36 months.
- All six building roofs were replaced between 2019 and 2024.
- Extensive exterior improvements include full mansard siding replacement, exterior paint, stair repairs, landscaping upgrades, and the addition of a dog park.
Exclusively Listed By
Financing By
Listing Price: $5,948,850
Investment Highlights
- Significant capital improvement program with $998,336 invested over the past 48 months.
- 24 of 36 units have been renovated, renovations mostly include white cabinetry, stainless-steel appliances, luxury vinyl flooring, updated bathrooms, fresh paint, and modern lighting.
- 33 of 36 HVAC systems have been replaced since 2020.
- All windows were replaced within the last 36 months.
- All six building roofs were replaced between 2019 and 2024.
- Extensive exterior improvements include full mansard siding replacement, exterior paint, stair repairs, landscaping upgrades, and the addition of a dog park.
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale The Walton Place Apartments in Hendersonville, TN. This offering will allow a potential investor to purchase a prime multifamily asset in one of Nashville’s rapidly growing suburbs of Hendersonville. Walton Place offers investors the opportunity to acquire a 36-unit multifamily community in Hendersonville, TN that has undergone nearly $1 million in capital improvements over the past four years. Current ownership has completed extensive exterior and mechanical upgrades, including new roofs, windows, HVAC systems, and renovations to a majority of units. The property provides stable operations with utility bill-back infrastructure already in place and additional upside through continued interior renovations and operational efficiencies. 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 Walton Place.
Exclusively Listed By
Financing By