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Nook Green Hills 701 Bowling Ave 8 Unit Apartment Building For Sale Nashville, TN 37215
Investment Highlights
- Trophy Asset in Irreplaceable Green Hills/Belle Meade Location
- Turnkey Asset – Nearly $675K ($85K/unit) of Interior/Exterior Renovations Completed
- Incredible Proximity to Vanderbilt, Belmont, Lipscomb University, & Nashville's Medical Corridor
- Average Household Income Over $165K in 1-mile Radius
- RARE Zoning for the Immediate Area – Long-Term Land Value
- Supply-Constrained Submarket with Significant Barriers to Entry
Executive Summary
MMG Real Estate Advisors is pleased to present the opportunity to acquire Nook Green Hills, a fully renovated multifamily community in Nashville's Green Hills neighborhood. The property's proximity to Vanderbilt University, Belmont University, and the Vanderbilt University Medical Center supports consistent demand from students, medical residents, and young professionals. This bite-sized, trophy asset has already seen nearly $675K ($85K/unit) of interior and exterior renovation completed, where investors can focus on operational execution rather than a massive gut renovation. Green Hills' supply-constrained development environment, combined with the property's rare zoning and underlying land value, positions Nook Green Hills as a compelling near-term yield and long-term hold opportunity.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Investment | Lot Size | 0.51 AC |
| No. Units | 8 | Building Size | 6,726 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1936 |
| Apartment Style | Low-Rise | Parking Ratio | 1.64/1,000 SF |
| Building Class | C | ||
| Zoning | RS20 | ||
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 6,726 SF |
| No. Stories | 2 |
| Year Built | 1936 |
| Parking Ratio | 1.64/1,000 SF |
| Zoning | RS20 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | $3,000 | 850 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 117-01-0-090 | Improvements Assessment | $426,000 (2025) |
| Land Assessment | $144,000 (2025) | Total Assessment | $570,000 (2025) |
Property Taxes
Parcel Number
117-01-0-090
Land Assessment
$144,000 (2025)
Improvements Assessment
$426,000 (2025)
Total Assessment
$570,000 (2025)
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