For Sale
$2,990,000
426 Iris Dr Nashville, TN 37204
Four Luxury Units, High ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- $2,990,000 asking price for a Class A multifamily investment portfolio.
- Four (4) luxury short-term rental units in Nashville, TN.
- 7,272 square feet total, with each unit offering 1,812 square feet of living space.
- 100% occupancy and a 7.75% cap rate, generating a pro-forma NOI of $61,921.
- Located on a 0.21-acre lot at 426 E Iris Dr, Nashville, TN 37204, in the Berry Hill neighborhood.
Property Details for 426 Iris Dr
- Property type
- Residential income homes
- Square Feet
- 7,272 SF
- Class
- A
- Year Built
- 2023
- Buildings
- 2
- Stories
- 3
- Lot Size (sq. ft)
- 9,148 SF
- Units
- 4
Location Insight
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Latitude
- 36.114546232177
- Longitude
- -86.762497039429
Nearby Similar for Sale
FAQs
- What type of property is this?
- Residential income home - Four Luxury Units, High ROI
- Where is the residential income home located?
- The property is located at 426 Iris Dr Nashville, TN.
- What is the asking price?
- The asking price for this property is $2,990,000.
- What are key features of this property?
- This property features: $2,990,000 asking price for a Class A multifamily investment portfolio.; Four (4) luxury short-term rental units in Nashville, TN.; 7,272 square feet total, with each unit offering 1,812 square feet of living space.
- How can I contact the broker?
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