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Multifamily

Pike Place & Aerospace Flats

1274 Murfreesboro Pike, Nashville, TN 37217

Listing Price: Request For Offer

Number of Units
74
Gross SF
38,925

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale these two properties in Nashville, TN. This offering will allow a potential investor to purchase a rare value-add opportunity located in Nashville, TN.

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 PIKE PLACE APARTMENTS & AEROSPACE FLATS.

Investment Highlights

  • Rents at Pike Place Apartments are currently $170 below market rate
  • $300,000 Spent on capital improvements in the last 36 months at Aerospace Flats
  • 20 units have been renovated at Aerospace Flats with new floors, cabinetry, paint, and bathrooms
  • 8.4 Mile (12 minutes) drive from downtown Nashville

Exclusively Listed By

Financing By

Multifamily

Pike Place & Aerospace Flats

Listing Price: Request For Offer

Number of Units
74
Gross SF
38,925

Investment Highlights

  • Rents at Pike Place Apartments are currently $170 below market rate
  • $300,000 Spent on capital improvements in the last 36 months at Aerospace Flats
  • 20 units have been renovated at Aerospace Flats with new floors, cabinetry, paint, and bathrooms
  • 8.4 Mile (12 minutes) drive from downtown Nashville

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale these two properties in Nashville, TN. This offering will allow a potential investor to purchase a rare value-add opportunity located in Nashville, TN. 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 PIKE PLACE APARTMENTS & AEROSPACE FLATS.

Exclusively Listed By

Financing By

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