525 N Dupont Ave | Madison, TN 37115
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- LoopNet Team
525 N Dupont Ave
Madison, TN 37115
Heatherwood Apartments · Multifamily Property For Sale
·
49 Units
INVESTMENT HIGHLIGHTS
- *Full Owner Financing Available
- Location & timing boding well for future rent growth and occupancy: Madison is slated to be the next neighborhood of Nashville to explode these next 5
- Well maintained asset (great occupancy history for stable cash flow and low expense ratio)
- Proximity to downtown Nashville (15 minute commute for tenants) (ULI #1 US market 3 years in a row)
- Renovations: Brand new interior renovations (kitchen, bathroom, flooring & new bones (roof, HVAC, electrical, sprinkler, LVP flooring, water heater an
- Close proximity to Old Hickory lake, a park across the street, and Gallatin Pike retail including Rivergate Mall, Walmart, Lowes, Kroger, and major re
PROPERTY FACTS
| No. Units | 49 | Lot Size | 1.35 AC |
| Property Type | Multifamily | Building Size | 44,356 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1973 |
| Building Class | C | Parking Ratio | 1.03/1,000 SF |
| Zoning | RM20 | ||
| No. Units | 49 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.35 AC |
| Building Size | 44,356 SF |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | RM20 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Ceiling Fans
- Tile Floors
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Gas Range
- Smoke Free
- Online Services
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 49 | - | 700 - 800 |
PROPERTY TAXES
| Parcel Number | 043-10-0-059 | Improvements Assessment | $1,676,840 |
| Land Assessment | $153,600 | Total Assessment | $1,830,440 |
PROPERTY TAXES
Parcel Number
043-10-0-059
Land Assessment
$153,600
Improvements Assessment
$1,676,840
Total Assessment
$1,830,440
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