12 Unit Nashville Portfolio

For Sale

5152 Linbar Drive ; 5144 Linbar Dr ; 209 E Webster, Madison, TN, Nashville, TN 37211

This Nashville property for sale is located at 5152 Linbar Drive ; 5144 Linbar Dr ; 209 E Webster, Madison, TN. The current listed sale price for 12 Unit Nashville Portfolio is $1,674,997. 12 Unit Nashville Portfolio is situated on a lot that is 0.71 acre in size.

Contacts

broker

Jake Clark

SVN | Accel Commercial Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 6,534 SF
  • Units 12
  • Lot Size 0.71 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1983
  • Year Renovated 2012
  • Date Updated Oct 23, 2024
Welcome to the vibrant area surrounding the property in Nashville, TN. Situated in the bustling 37211 zip code, this location offers convenient access to popular amenities such as the Nashville International Airport, just a short drive away. The property is also surrounded by a diverse array of dining options, from local favorites like Hattie B's Hot Chicken to upscale dining experiences in The Gulch. With the famous Music Row and downtown Nashville just a quick commute, this area is an appealing destination for professionals and visitors alike. Experience the dynamic energy of Nashville at this prime location.Prime investment opportunity located in the heart of Nashville, Tennessee. 12 unit portfolio consisting of 3 buildings all 4 units each. Owner is open to selling 5152 and 5144 Linbar Dr together and 209 E Webster St separately or as one package. Linbar Dr properties are 2,244sqft each and E Webster building is 2046sqft. Lucrative investment potential for an investor to own 3 rare 4 unit buildings within 15min of downtown Nashville. Built in 1983 and 1982, renovated in 2012, and professionally managed by a local property manager. These properties have been meticulously taken care of by the owner. New paint, newer LVP flooring, new exterior siding, newer hot water heaters. In unit washer / dryers in most of the units. Tenants pay all utilities. Historical occupancy rate has been near 100% since owner acquired the properties. Current occupancy rate is 84% , 2 units have been left vacant for showing purposes. None of the properties sit in the flood zone and flood insurance is not required. All 3 buildings are Zoned Or20, the property presents versatile exit strategies with potential to increase rents to maximize cash flow, making it an light value add for investors seeking long-term value and growth in the thriving Nashville market. Seller is open to creative financing, please present terms. Down payment would have to be at least 20%.

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Highlights

  • - 12 unit portfolio within 15min of Nashville
  • - 8 units adjacent to each other in South Nashville
  • - 4 units in Madison
  • - Built in 1983, renovated in 2012
  • - Zoned Or20
  • - Strong occupancy rate
  • - Professionally managed & maintained

Getting around

  • 32/100

    Walk Score ®

  • 33/100

    Transit Score ®

  • 22/100

    Bike Score ®

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Location

  • City Nashville, TN
  • Neighborhood Haywood Acres
  • Zip Code 37211
  • Market Nashville

Points of Interest

  • Hermitage

    9.17 miles

  • Sam's Club Fuel Center

    0.68 miles

  • Mapco

    1.59 miles

  • BP

    1.62 miles

  • MAPCO

    1.84 miles

  • Zack Xpress's Express Mart

    1.85 miles

  • Citgo Elysian Market

    1.95 miles

  • Mystik Express

    2.29 miles

  • Shell

    2.53 miles

  • Exxon

    2.56 miles

  • Kroger

    2.56 miles

  • Rental Car Facility

    4.11 miles

  • Faculty Parking Lot

    4.16 miles

  • Long Term A Parking

    4.27 miles

  • Cell Phone Lot

    4.34 miles

  • Economy Parking

    4.39 miles

  • Long Term B Parking

    4.44 miles

  • The Parking Spot

    4.70 miles

  • Guest Parking

    4.84 miles

  • Thrailkill Parking Garage

    6.39 miles

  • Uncle Bud's Catfish, Chicken, & Such

    6.41 miles

  • InTown Suites Extended Stay Nashville TN

    2.35 miles

  • Regency Inn Express

    2.62 miles

  • Crossland Economy Studios - Nashville - Airport - Briley Pkwy.

    2.93 miles

  • Super 8

    3.03 miles

  • Nashville - Days Inn Airport / Opryland Area

    3.23 miles

  • J White's House

    3.60 miles

  • La Quinta Inn Nashville South

    3.66 miles

  • Hampton Inn Nashville-I-24 Hickory Hollow

    3.67 miles

  • Red Roof PLUS+ Nashville Fairgrounds

    3.68 miles

  • Holiday Inn Express & Suites Nashville Southeast - Antioch

    3.69 miles

  • Food Lion

    1.19 miles

  • Supermercado Latina

    1.57 miles

  • Walmart Supercenter

    1.59 miles

  • K & S World Market

    1.63 miles

  • Botan Market

    1.65 miles

  • Patel Brothers

    1.71 miles

  • Noor International Market

    1.74 miles

  • Al Rasoul Market

    1.81 miles

  • Mazi Market

    1.82 miles

  • Plaza Mariachi

    1.90 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jake Clark

SVN | Accel Commercial Real Estate