1200 Brick Church Pike - Riverside Commons
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1200 Brick Church Pike - Riverside Commons
6 Unit Apartment Building Offered at $6,000,000 at a 9.55% Cap Rate in Nashville, TN 37207
Investment Highlights
- High earning potential STR in Hot Nashville Market
- All bedrooms have "en suite" bathroom
- Rooftop decks to support hot tubs
Executive Summary
Discover an unparalleled investment opportunity in the heart of East Nashville—one of the city’s most rapidly redeveloping corridors. This newly built short-term rental project offers six premium units, each designed to maximize both luxury and return on investment. With modern amenities, prime location, and impressive financial performance, this property is positioned to be a cash-flow machine for years to come.
New Construction, built in 2024, this project features six spacious units, each with 4 bedrooms and 4 bathrooms, ranging from 1,873 to 2,010 square feet. Every unit includes a rooftop deck with stunning views of the Nashville skyline, providing an attractive amenity for guests.
Situated in East Nashville, these units are just minutes away from Station East, the Oracle development at River North, the East Bank development, and the upcoming Titans Stadium. This location benefits from the area’s ongoing transformation, making it a hot spot for both tourists and long-term renters.
With a projected cap rate of 9.55%, this property stands out in the Nashville market, offering a robust return on investment. The East Nashville area has seen significant appreciation in recent years, a trend that is expected to continue given the ongoing developments and influx of investment in the region.
Utilize cost segregation to maximize tax savings, enhancing your overall cash flow and return. With the combination of depreciation and appreciation, this property is not just a solid investment—it’s a strategic financial asset.
This short-term rental project is more than just a property; it’s a gateway to tapping into Nashville’s booming tourism and real estate market. The combination of new construction, strategic location, and high financial performance makes this a standout opportunity. Whether you’re looking to diversify your portfolio or capitalize on Nashville’s growth, this property offers the perfect blend of immediate returns and long-term value.
New Construction, built in 2024, this project features six spacious units, each with 4 bedrooms and 4 bathrooms, ranging from 1,873 to 2,010 square feet. Every unit includes a rooftop deck with stunning views of the Nashville skyline, providing an attractive amenity for guests.
Situated in East Nashville, these units are just minutes away from Station East, the Oracle development at River North, the East Bank development, and the upcoming Titans Stadium. This location benefits from the area’s ongoing transformation, making it a hot spot for both tourists and long-term renters.
With a projected cap rate of 9.55%, this property stands out in the Nashville market, offering a robust return on investment. The East Nashville area has seen significant appreciation in recent years, a trend that is expected to continue given the ongoing developments and influx of investment in the region.
Utilize cost segregation to maximize tax savings, enhancing your overall cash flow and return. With the combination of depreciation and appreciation, this property is not just a solid investment—it’s a strategic financial asset.
This short-term rental project is more than just a property; it’s a gateway to tapping into Nashville’s booming tourism and real estate market. The combination of new construction, strategic location, and high financial performance makes this a standout opportunity. Whether you’re looking to diversify your portfolio or capitalize on Nashville’s growth, this property offers the perfect blend of immediate returns and long-term value.
Data Room Click Here to Access
- Third Party Reports
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Pro forma - 2024) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
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 | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
1 of 1
PROPERTY TAXES
Parcel Numbers | Total Assessment | $195,000 (2023) | |
Land Assessment | $195,000 (2023) | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $0 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$195,000 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$195,000 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
zoning
Zoning Code | CS ((Commercial Service, intended for a wide range of commercial service related uses including low intensity manufacturing and storage facilities)) |
CS ((Commercial Service, intended for a wide range of commercial service related uses including low intensity manufacturing and storage facilities)) |
1 of 30
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1200 Brick Church Pike - Riverside Commons
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.