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9 Homes Available for Purchase 9 Properties Offered at $4,600,000 in Nashville, TN
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, 9 homes are available for purchase in Phase 1, priced at $4,600,000.00. 7 out of the 9 units are rented out, operating expenses are reflected for all 9 units, but income is currently reflected for only 7 units.
The remainder 2 rent for $36,000 annually, so the gross income will increase accordingly
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.
The remainder 2 rent for $36,000 annually, so the gross income will increase accordingly
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 |
$260,880
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$260,880
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $260,880 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $260,880 |
| Net Operating Income | |
|---|---|
| Annual | - |
Property Facts
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 | - |
| 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 | - |
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9 Homes Available for Purchase
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