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600 Bowling Ave - 600 - 602 Bowling Ave 4 Unit Apartment Building Offered at $2,375,000 Nashville, TN 37215
Investment Highlights
- Rare Green Hills Redevelopment Opportunity
- Four Existing Duplex Units – 100% Occupied
- Potential to Develop Four Luxury Homes (2 Per Lot)
- Two Adjacent Parcels – 600 & 602 Bowling Ave
- Strong In-Place Income While Planning Redevelopment
- Minutes from The Mall at Green Hills, Vanderbilt, and Belmont
Executive Summary
SVN | Accel Commercial Real Estate is pleased to present 600 & 602 Bowling Avenue, a rare infill redevelopment opportunity located in the highly desirable Green Hills submarket of Nashville, Tennessee.
The offering consists of two adjacent parcels situated along Bowling Avenue just off Hillsboro Pike, one of Nashville’s most established and affluent corridors. Each lot currently contains a duplex that is 100% occupied, providing in-place income while investors pursue future redevelopment plans.
The true value of the property lies in its premier location and redevelopment potential. The combined parcels present an exceptional opportunity for a luxury residential developer to build four high-end homes—two on each lot—capitalizing on the strong demand for new construction housing in the Green Hills neighborhood. Surrounding properties have seen significant redevelopment activity in recent years, with luxury homes commanding premium pricing due to the area’s proximity to top schools, retail, and employment centers.
Located minutes from The Mall at Green Hills, as well as the campuses of Vanderbilt University and Belmont University, the property offers unparalleled access to Nashville’s core amenities while maintaining the character of one of the city’s most established residential communities.
600 & 602 Bowling Avenue presents investors and developers with a rare opportunity to acquire well-positioned land in a supply-constrained submarket with immediate income and significant long-term upside through luxury residential redevelopment.
The offering consists of two adjacent parcels situated along Bowling Avenue just off Hillsboro Pike, one of Nashville’s most established and affluent corridors. Each lot currently contains a duplex that is 100% occupied, providing in-place income while investors pursue future redevelopment plans.
The true value of the property lies in its premier location and redevelopment potential. The combined parcels present an exceptional opportunity for a luxury residential developer to build four high-end homes—two on each lot—capitalizing on the strong demand for new construction housing in the Green Hills neighborhood. Surrounding properties have seen significant redevelopment activity in recent years, with luxury homes commanding premium pricing due to the area’s proximity to top schools, retail, and employment centers.
Located minutes from The Mall at Green Hills, as well as the campuses of Vanderbilt University and Belmont University, the property offers unparalleled access to Nashville’s core amenities while maintaining the character of one of the city’s most established residential communities.
600 & 602 Bowling Avenue presents investors and developers with a rare opportunity to acquire well-positioned land in a supply-constrained submarket with immediate income and significant long-term upside through luxury residential redevelopment.
Property Facts
| Price | $2,375,000 | Lot Size | 0.60 AC |
| Price Per Unit | $593,750 | Building Size | 4,740 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1950 |
| Zoning | R20 | ||
| Price | $2,375,000 |
| Price Per Unit | $593,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.60 AC |
| Building Size | 4,740 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1950 |
| Zoning | R20 |
Amenities
Unit Amenities
- Washer/Dryer
- Refrigerator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1.5 | 1 | $2,100 | 1,000 - 1,300 |
| 3+2 | 2 | $2,450 | 1,300 - 1,500 |
| 2+1.5 | 1 | $1,100 | 1,100 |
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Property Taxes
| Parcel Number | 117-01-0-031 | Improvements Assessment | $175,080 |
| Land Assessment | $122,000 | Total Assessment | $297,080 |
Property Taxes
Parcel Number
117-01-0-031
Land Assessment
$122,000
Improvements Assessment
$175,080
Total Assessment
$297,080
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600 Bowling Ave - 600 - 602 Bowling Ave
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