Class A Nashville - Townhome Rental Package, Nashville TN 37207 - Available Opportunity
Class A - Townhome - Investment Property
$2,760,000 (Can Be Purchased Separately)
Owner Financing & Rate Buy Down Available!
Property Overview: Introducing a distinctive off-market opportunity to acquire a package of Class A townhomes located on McKinley Street, Nashville, TN. These properties, built in 2023, epitomize modern luxury living in one of Nashville's sought-after neighborhoods.
Property Addresses:
2040 McKinley St. Nashville, TN 37207
2042 McKinley St. Nashville, TN 37207
2046 McKinley St. Nashville, TN 37207
2050 McKinley St. Nashville, TN 37207
Property Details:
Size: 2043 SF (per unit)
Bedrooms: 3
Bathrooms: 3.5
Year Built: 2023
Property Highlights:
Status: Vacant
Potential Market Rent: $3,800/month (per unit)
ARV (After Repair Value): $700,000 (per unit)
Condition: Excellent
Special Financing Offer: The seller is offering enticing financing options to facilitate a seamless transaction:
Owner Financing: Up to 14% of the purchase price is available with a negotiable interest rate between 6-8%, contingent on the amount financed. The financing term spans 12-24 months.
Rate Buy Down: A contribution of $150,000 is available towards a rate buy down, which can potentially reduce the interest rate from 8.5% to 6.5%. This offer stands for the life of the loan, contingent on the buyer opting for the preferred lender, RMK Capital.
Investment Considerations:
Modern Luxury: Built in 2023, these townhomes represent the pinnacle of contemporary design and luxury amenities.
Stable Rental Income Potential: With a potential market rent of $3,800 per unit, investors can expect a robust rental income stream.
Appreciation Upside: With an ARV of $700,000 per unit, there is significant potential for capital appreciation.
Prime Location: Situated in a coveted Nashville neighborhood, these properties are poised to attract high-quality tenants.
Photos
Rental Comps
Download Rental Comps
20231029-Rentometer-2042_McKinley_Street_Nashville_TN_USA-3-bed-5Vz9Qr7W3kg
.csv
Download CSV • 463B
A&R Development & Acquisitions
Eric Brinson, REALTOR and General Contractor
Mobile: 615-987-7897
ericb@andersonandryan.com
www.andersonandryan.com
*Note* You DO NOT have permission to market this property in anyway to anyone on any social media platforms, email, or direct to someone you know. You DO NOT have permission to mark up the property for your profit. If you know someone who may want to invest with us on this property contact ericb@andersonandryan.com directly to discuss. This is an off market investment opportunity.