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1938 1821 Jefferson St 18 Unit Apartment Building For Sale Nashville, TN 37208
Investment Highlights
- 4 one-bedroom, one-bath apartments
- STR eligible
- On-site parking available
- 14 two-bedroom, two-bath apartments
- Close proximity to downtown
- 2,267 SF and 900 SF ground-floor retail spaces
Executive Summary
Strategically positioned within an Opportunity Zone, this 25,708 square-foot mixed-use asset presents a premier investment opportunity. The property features 4 one-bedroom, one-bath apartments averaging 674 square feet and fourteen two-bedroom, two-bath floor plans averaging 966 square feet. Complementing the residential component is approximately 6,000 square feet ground-floor level including a tenant lounge, and two retail spaces at 2,267 SF and 900 SF. With on-site parking and walkable distance to Meharry Medical College, Fisk University, and downtown, this is a rare chance to capture a multi-use asset in a historic corridor.
Property Facts
| Sale Type | Investment | Lot Size | 0.60 AC |
| No. Units | 18 | Building Size | 25,708 SF |
| Property Type | Multifamily | Average Occupancy | 70% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2017 |
| Building Class | B | Opportunity Zone |
Yes
|
| Zoning | MULTIZONE | ||
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.60 AC |
| Building Size | 25,708 SF |
| Average Occupancy | 70% |
| No. Stories | 4 |
| Year Built | 2017 |
| Opportunity Zone |
Yes |
| Zoning | MULTIZONE |
Amenities
Unit Amenities
- Air Conditioning
- Heating
Site Amenities
- Controlled Access
- Fitness Center
- On-Site Retail
- Lounge
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 674 |
| 2+2 | 14 | - | 966 |
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Property Taxes
| Parcel Number | 092-03-0-420-00 | Improvements Assessment | $2,257,880 |
| Land Assessment | $690,000 | Total Assessment | $2,947,880 |
Property Taxes
Parcel Number
092-03-0-420-00
Land Assessment
$690,000
Improvements Assessment
$2,257,880
Total Assessment
$2,947,880
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1938 | 1821 Jefferson St
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