Monroe Townhome II - A

 

CAPITALIZING ON THE SUCCESS OF OUR initial MONROE townhome PROJECT, WE PURCHASED THE PROPERTY NEXT DOOR, AND ARE PLEASED TO BRING A SIMILAR OFFERING TO THIS BURGEONING COMMUNITY. 

 

PURCHASE PRICE LAND (JUNE 2017): $123,125  
CONSTRUCTION BUDGET: $325,000

CURRENT VALUE (September 2022): $800,000

INVESTMENT HIGHLIGHTS:

  • AMAZING LOCATION 1 MILE FROM AMAZON NEW NASHVILLE HQ

  • APPRECIATING MARKET AVERAGING 9% PER YEAR, 63.6% IN LAST 10 YEARS

  • STRONG RENTAL MARKET – 57.5% OF ZIP 37208 ARE RENTERS

  • LOW VACANCY MARKET – 2.8% OF ZIP 37208 ARE AVAILABLE TO RENT

  • LONG TERM HOLD