Listed by Parks Realty
$3,200,000
12TH & IRELAND
Details
Property Type Multifamily, Land
Sub Type Single Family Rental Portfolio, Residential
Units 24
Tenancy Vacant
Acreage 1.000
Investment Type Redevelopment
24 Units | Shovel Ready | Fisk/Meharry
Marketing description
A shovel-ready site with a filed special purpose permit, completed due diligence, city-approved plans, and a builder prepared to deliver. The entitlement risk is eliminated and a developer can move directly from acquisition to groundbreaking.
The project offers meaningful structural flexibility:
Build all 24 units in a single phase for maximum scale and efficiency
Phase the project strategically, using rental income from rental units to offset carrying costs as subsequent phases deliver
This is the hard work already done. You are buying certainty.
Investment highlights
- A shovel-ready site with a filed special purpose permit, completed due diligence, city-approved plans, and a builder prepared to deliver
- Build all 24 units in a single phase for maximum scale and efficiency
- Phase the project strategically, using rental income from rental units to offset carrying costs as subsequent phases deliver
- 24 Townhome Residences - Boutique scale with strong neighborhood identity
- Private Rooftop Terraces - City and treetop views across select units
- Open-Concept Main Levels - Designed for living, entertaining, and working from home
- Attached Garages - A premium amenity in Nashville's urban core
- Lockout Suites (Select Units) - Built-in income offset for owners and investors
- Phase Optionality - Rental income from early phases funds the next
Listing Contacts
Listed by Parks Realty
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