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5754 River Rd - 3 townhome bulk purchase at Sage Run

1,091 SF Flex Condo Units Offered at $1,195,000 Per Unit in Nashville, TN 37209

Investment Highlights

  • The property is a close to the dog park
  • Close to restaurants, shopping in West Nashville.
  • Has amazing views

Executive Summary

Take advantage of this builder special and own three townhomes at a discounted price as we close out this community. Located in growing West Nashville the community of Sage Run sit right off the Cumberland River with walking trails and a dog park for residences to enjoy. These newly constructed townhomes, located at 100, 104, and 106 Stella Drive, feature 2 bedrooms, 2.5 bathrooms, and 1091 sq ft of living space. Each unit includes 2 parking spaces. These homes are situated just a short distance from the dog park, walking trails, and all the amenities West Nashville has to offer, including greenways, shopping, and restaurants. Key Features: New construction, never rented Blue tape and builder warranty provided at closing Fridge included in each unit with washer/dryer hookups available Flexible rental options: 30-day minimum rental period or 12-month lease (proforma based on a 12-month lease is available in uploads, reflecting retail rate of $425k per unit, not the discounted bulk rate) Each unit is individually deeded and metered Long-term rental rates in the area range from $2,400 to $2,800 per month, with potential for higher income with 30-day rentals. Don't miss this unique investment opportunity in a vibrant and growing community. Buyers to verify anything important to them.

Property Facts

Price $1,195,000
Unit Size 1,091 SF
No. Units 3
Total Building Size 100,000 SF
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Building Class B
Floors 3
Typical Floor Size 33,333 SF
Year Built 2023
Lot Size 0.04 AC
Parking Ratio 0.06/1,000 SF

3 Units Available

Unit 114

Unit Size 1,091 SF
Price $1,195,000
Price Per SF $1,095.33
Condo Use Flex
Sale Type Investment
No. Parking Spaces 2
Description

3 townhomes for sale for bulk discounted rate. Indv deeded and metered

Unit 104

Unit Size 1,091 SF
Condo Use Flex
Sale Type Investment
No. Parking Spaces 2
Sale Notes

3 townhomes for sale for bulk discounted rate. Indv deeded and metered

Unit 106

Unit Size 1,091 SF
Condo Use Flex
Sale Type Investment
No. Parking Spaces 2
Sale Notes

3 townhomes for sale for bulk discounted rate. Indv deeded and metered

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2.5 3 - 1,091

Amenities

Unit Amenities

  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Oven
  • Double Pane Windows
  • Patio

Site Amenities

  • Pet Play Area
  • Walking/Biking Trails

zoning

Zoning Code R80 (This is a residential community Sage Run. You do can check out the CCRs on www.sagerunliving.com. Min 30 day rental period.)
R80 (This is a residential community Sage Run. You do can check out the CCRs on www.sagerunliving.com. Min 30 day rental period.)
  • Listing ID: 32686719

  • Date on Market: 8/4/2024

  • Last Updated:

  • Address: 5754 River Rd, Nashville, TN 37209

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