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10 Homes Available for Purchase 10 Properties Offered at $4,998,000 in Nashville, TN

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INVESTMENT HIGHLIGHTS

  • Huge Equity Potential
  • Fenced Community
  • Less than 10 mins to Downtown Nashville
  • Dog Park

EXECUTIVE SUMMARY

Discover a unique opportunity to invest in a boutique community of 30 homes, located just outside Downtown Nashville. Currently, 10 homes are available for purchase in Phase 1, priced at $4,998,000.00
This property offers a 1031 exchange opportunity and is well-suited for corporate or long-term rentals. The community is newly developed and recently completed. Additionally, there is a Phase 2 planned to break ground in Q1 2026 offering significant equity growth potential for early investors.

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

ANNUAL
Gross Rental Income $405,900
Other Income -
Vacancy Loss -
Effective Gross Income $405,900
Net Operating Income -

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

Gross Rental Income
Annual $405,900
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $405,900
Net Operating Income
Annual -

PROPERTY FACTS

Price $4,998,000
Price / SF $178.72 / SF
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Cap Rate 8.12%
Sale Type Investment
Status Active
Number of Properties 10
Individually For Sale 0
Total Building Size 27,966 SF
Total Land Area 3.56 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
311 Sophia Rain Dr, Nashville, TN 37218 Land 0.03 AC - -
342 Sophia Rain Dr, Nashville, TN 37218 Multifamily 11,926 SF 2024 -
304 Sophia Rain Dr, Nashville, TN 37218 Multifamily 2,222 SF 2023 -
307 Sophia Rain Dr, Nashville, TN 37218 Multifamily 2,222 SF 2023 -
Cato Cottages
329 Sophia Rain Dr, Nashville, TN 37218
Multifamily 2,222 SF 2024 -
344 Sophia Rain Dr, Nashville, TN 37218 Multifamily 1,926 SF 2024 -
340 Sophia Rain Dr, Nashville, TN 37218 Multifamily 1,926 SF 2024 -
321 Sophia Rain Dr, Nashville, TN 37218 Multifamily 1,874 SF 2023 -
306 Sophia Rain Dr, Nashville, TN 37218 Multifamily 1,824 SF 2023 -
319 Sophia Rain Dr, Nashville, TN 37218 Multifamily 1,824 SF 2024 -
Show More > < Show Less
  • Listing ID: 33005807

  • Date on Market: 8/29/2024

  • Last Updated:

  • Address: 10 Homes Available for Purchase, Nashville, TN

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