5754 River Road Pike

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5754 River Road Pike

Nashville, TN 37209
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Shovel Ready | 128 Units (44 SFR + 84 MF Units) | Rezone with Larger Assemblage Opportunity in West <p><strong>Fully Entitled, Permit-Ready 128-Unit Development Site</strong></p><p>Sage Run represents a rare opportunity to acquire a fully entitled and permit-ready residential development site in one of Nashville’s most supply-constrained submarkets. The approved SP (Specific Plan) allows for 128 units, inclusive of 84 flats and 44 single-family homes. </p><p></p><p><strong>Strategic Location with Direct Connectivity to West Nashville & Outdoor Amenities</strong></p><p>The site is positioned ju

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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