Antioch

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Antioch

Nashville, TN 37013
Asking Price
$7.60M
Asset Type
Residential Land
Class
Class B

What's Special

37-Acre Sinfle Family or MultiFamily Dev Opportunity, Antioch, TN (#DEV-1087) <p><strong>37± Acre Single Family / Multifamily Development Opportunity</strong></p><p><strong>Price:</strong> $7,600,000 ($200,000 per acre)</p><p><strong>Property Overview</strong></p><p>37± acre residential development opportunity located in a rapidly growing Antioch/Lavergne submarket. The property is ideal for single-family and multifamily development, with all major utilities available to the site.</p><p></p><p>In QCT area for LIHTC/HUD multifamily.</p><p></p><p>A portion of the property h

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NOI
$80,000
Cap Rate
1.05%
DSCR
0.18
Underwater
Cash-on-Cash
-16.28%
Monthly Payment
$37,600.653
Annual Cash Flow
$-371,207.84

Location & Travel Times