1226 16thNashville, TN 37212

  • Residential income properties
  • 115,109 SF
Off market
$7,514,436 Estimated

Property Details for 1226 16th

Year built
2013
Lot size
0.72 AC
Property size (Sq ft)
115,109 SF
Zone code
ORI
Property type
Residential income properties
Property subtype
High-rise multifamily apartments
APN
104-08-0-235-00
APU
10408023500

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $24,657,794
    6.5%
    $22,761,040
    7%
    $21,135,252
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,358,303
    Geo Method
    $15,358,303
  • Alternative Use

    Use
    Valuation
    Residential
    $22,761,040
    Hospitality
    $20,848,992
    Educational
    $17,346,116
    Medical
    $17,942,676
    Retail
    $26,982,846
1226 16th, Nashville, Tennessee

Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.1411
Longitude
-86.7932
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$244,520
$1,204,000
$6,310,436
$7,514,436
-
$3,010,000
$15,776,090
$18,786,090

FAQs

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