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1400 Brick Church PikeNashville, TN 37207

111-unit apartment building, renovated in 2022

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 111-unit apartment building, Trinity Lofts, presents a compelling value-add investment opportunity in Nashville, Tennessee. Located at 1400 Brick Church Pike, this Class B property boasts 34,632 square feet across two stories, situated on a 1.61-acre lot. Built in 1986 and extensively renovated in 2022 with a $4.545 million investment, the property offers a modern product with Class-A finishes. Currently operating at 90% occupancy, Trinity Lofts benefits from its strategic location approximately 1.5 miles from the highly sought-after East Bank/River North neighborhoods and less than five minutes from Oracle's $1.35 billion campus development. The property's proximity to major employment hubs and thoroughfares, coupled with its attractive micro-unit design, caters to the growing demand for affordable housing in a thriving market. Within a 3-mile radius, over 79,844 employees in service, production, and manufacturing industries reside, boasting an average household income exceeding $75,159. The micro-unit concept provides affordability and efficiency, appealing to single tenants or couples seeking a convenient location without the high cost of downtown living. This translates to shorter vacancy periods and a steadier income stream for the owner. The property is zoned SP and offers a compelling blend of stability and growth potential within Nashville's dynamic real estate market.

Highlights

  • 111-unit Class B apartment building in Nashville, TN, offering a value-add opportunity.
  • 34,632 square feet on a 1.61-acre lot, recently renovated ($4.545M in 2022).
  • 90% occupancy, featuring Class A finishes and a modern micro-unit design.
  • Prime location near East Bank/River North and Oracle's campus, with strong employment density and high average household income within a 3-mile radius.
  • Zoned SP, offering stability and growth potential in Nashville's dynamic market.

Property Details for 1400 Brick Church Pike

Property type
Apartment buildings
Square Feet
34,632 SF
Class
B
Year Built/Renovated
1986/2022
Stories
2
Lot Size (sq. ft)
70,132 SF
Units
111

Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.2039781
Longitude
-86.7783276
1400 Brick Church Pike, Nashville, Tennessee

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1400 Brick Church Pike
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