Middle TN/Nashville Multifamily Apartment Deals 7+ Cap Opportunities

[Steve Frye]

Reach out to me for more information or to go see any of these developments. DM or call/text me at 615-500-1175.

1. 29 Units

- Located in McMinville, TN

- Asking Price: $1,780,000

- Cap Rate 7.0

- Highest value add opportunity

2. 38 Units

- Located in McMinville, TN

- Asking Price: $3,950,000

- Cap Rate 7.5%

- Majority Renovated, still some value add opportunity

3. 21 Units

- New Construction in Shelbyville, TN

- Asking Price $3,290,000

- Cap Rate 7.3

- All 21 units Leased up at $1,250/month

- Builder is currently building another 22 units nearby