This Multifamily Property is no longer advertised on LoopNet.com.

534 Weakley Ave
Nashville, TN 37207
Music Row on the Cumberland · Multifamily Property For Sale · 6 Units

Investment Highlights

  • 6.9% CAP with increasing annual cash flow
  • close to one of the largest development projects in the Southeast (River North)
  • spacious rooms, proximity to all things Nashville within minutes

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Building Size 11,166 SF
Average Occupancy 60%
No. Stories 3
Year Built 2019
Parking Ratio 1.07/1,000 SF
Zoning MUN A - Commercially Zoned for Non-Owner Occupied Short Term Rental, this type of zoning conveys without having to transfer LLC's.

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

Site Amenities

  • Furnished Units Available

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+3 6 - -

Property Taxes

Property Taxes

Parcel Number
071-14-0U-001-00
Land Assessment
$56,320
Improvements Assessment
$278,920
Total Assessment
$335,240
  • Listing ID: 30725870

  • Date on Market: 1/22/2024

  • Last Updated:

  • Address: 534 Weakley Ave, Nashville, TN 37207

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