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31656825
31656826

200-208 East Palestine Avenue, Nashville, TN 37115

FG
NC NC 295338, SC SC 96416
Coldwell Banker Commercial Realty
NL
NC 320264, SC 120020
Coldwell  Banker Realty
Listed by Coldwell Banker Commercial Realty, Coldwell Banker Realty
$1,950,000
55 days on market
Updated 43 days ago

Madison Condos

Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 10
Cap Rate 7.35%
Occupancy 100%
Class C
Year Built 1982
Year Renovated 2021
Acreage 0.270
Zoning R8
Investment Type Value Add

10 Units | 100% occupied

Marketing description

Discover the dynamic potential of investing in the vibrant community surrounding the property in Madison, TN. Situated in close proximity to renowned local landmarks such as Old Hickory Lake, Historic Amqui Station, and the Rivergate Mall, the area offers a rich tapestry of attractions and amenities. With its growing popularity as a desirable residential enclave, Madison presents an exciting opportunity for multifamily and highrise development. Embrace the thriving cultural scene, recreational opportunities, and convenient access to Nashville's urban center, making this location an ideal choice for astute investors seeking to capitalize on the area's ongoing growth and development. Introducing an exceptional investment opportunity in the heart of Madison, TN. This impressive property offers 10 beautifully appointed units, ideally suited for multifamily or high-rise development. Built in 1983 and thoughtfully renovated in 2025, the property showcases modern amenities and a well-maintained interior, ensuring a turnkey investment for discerning investors. Zoned R8 and boasting a desirable 100% occupancy rate, this prime location presents a compelling chance to capitalize on the thriving rental market. Embrace the potential for substantial returns in this sought-after area, setting the stage for a lucrative investment in the dynamic real estate landscape of Madison.

Investment highlights

2 bed/ 1 bath

Washer and Dryer Hook ups

Fireplaces

No Utilities and No trash cost to owner

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Listing Contacts

FG
NC NC 295338, SC SC 96416
Coldwell Banker Commercial Realty
NL
NC 320264, SC 120020
Coldwell  Banker Realty
Listed by Coldwell Banker Commercial Realty, Coldwell Banker Realty

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