12 Unit Nashville Portfolio

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

  • For Sale $1,699,997
  • Property Type Multi-Family
  • Property Size 6,534 SF
  • Units 12
  • Lot Size 0.71 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1983
  • Year Renovated 2012
  • Date Updated Apr 19, 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.

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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

Contacts

broker

Jake Clark

SVN | Accel Commercial Real Estate

(615) 671-4544

Location

Getting Around

  • Walk Score ®

    32/100 Car-Dependent

  • Transit Score ®

    33/100 Some Transit

  • Bike Score ®

    22/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Nashville, TN
  • Neighborhood Haywood Acres
  • Zip Code 37211
  • Market Nashville

Points of Interest

  • Donelson

    6.26 miles

  • Riverfront

    7.12 miles

  • Hermitage

    9.17 miles

  • Mapco

    1.59 miles

  • BP

    1.62 miles

  • Philips 66

    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

  • Kroger

    2.56 miles

  • Tesla Supercharger

    2.59 miles

  • Speedway

    2.61 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

  • Owl Creek Park

    6.50 miles

  • Regency Inn Express

    2.62 miles

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

    2.93 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

  • Rodeway Inn

    3.85 miles

  • Best Western Plus Sunrise Inn

    4.01 miles

  • Las Palmas

    0.53 miles

  • Taco Bell and Pizza Hut

    0.55 miles

  • King Market

    0.91 miles

  • Sonic

    1.40 miles

  • Bangkokville Thai Cuisine

    1.41 miles

  • Fazoli's

    1.43 miles

  • Get Your Grub On

    1.47 miles

  • Las Cazuelas

    1.56 miles

  • IHOP

    1.60 miles

  • Pupuseria Salvadorena

    1.67 miles

  • Haywood Elementary School

    0.73 miles

  • Paragon Mills Elementary School

    0.79 miles

  • Providence School

    1.49 miles

  • Cole Elementary School

    1.53 miles

  • Tusculum Elementary School

    1.71 miles

  • J E Moss Elementary School

    1.74 miles

  • Whispering Hills Christian Academy

    1.97 miles

  • Apollo Junior High School

    2.05 miles

  • Glencliff Elementary School (1975)

    2.07 miles

  • Croft School

    2.13 miles

  • Woodmont Christian Day Care Center

    6.77 miles

  • McKendree United Methodist Church Day Care Center

    7.31 miles

  • First Baptist Church of East Nashville Day Care Center

    7.46 miles

  • Ms. Nicholes Day Care

    7.54 miles

  • Fifteenth Avenue Baptist Church Day Care Center

    8.41 miles

  • Westminster Toddlers and Twos Day Care Center

    8.47 miles

  • Tom Joy Head Start Center

    9.25 miles

  • Jackson Park Church of Christ Day Care Center

    9.89 miles

Frequently Asked Questions

What is the lease rate for 12 Unit Nashville Portfolio?

Rental asking rate at 12 Unit Nashville Portfolio is $849,998.50/YR.

What is the total square footage of 12 Unit Nashville Portfolio?

12 Unit Nashville Portfolio totals 6,534 square feet.

When was this property built?

12 Unit Nashville Portfolio was built in 1983.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Jake Clark

SVN | Accel Commercial Real Estate

(615) 671-4544