401 Caldwell Dr
6-unit nicely styled modern apartment building in fast-growing area south of Nashville TN
Marketing description
Turn-Key 2019 build – 6-unit townhome investment opportunity in Columbia, south of booming Nashville down I-65. Each 2-story unit offers 2BR/1.5BA with granite counters, stainless appliances, quality lamanant floors, and large private decks with storage room overlooking wooded private views. Ample parking at each unit plus, landscaped common areas and backyard space. All utilities individually metered, trash service provided by city to lower operating costs, and no HOA fees. Partial brick exterior. Annual leases in place on rented units. Excellent short- or long-term hold strategy with potential upside in path of progress going south of Nashville: property may qualify to be rezoned and units sold off individually (buyer to verify). Rare to find a newer multi-family asset with this level of finish in a fast-growing submarket of Middle Tennessee. Great Cost Segregation potential for year end with new tax laws in place. All units are similar design and layout. Please Do not disturb current tenants.
Investment highlights
Newer Construction (2019): Lower maintenance expected with newer built property and modern finishes (granite, stainless, wood floors)
Strong Location: Just north side of Columbia, close to employers, schools, shopping, and I-65 into Nashville
Stabilized Cash Flow: 3 years of consistent rental history
Upside/Exit Potential: Future re-zoning / condo exit strategy — units could potentially be sold off individually. Plat available
Investor Friendly: No HOA dues, some city services in place
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