Approved (SP) Fully Entitled with price improvement! Below current market value for area multi-family parcel. (53 units) 1,500sf. Avg. each unit. 5 Stories, 4 Level Multi-Family Apartment or Condo with Garage Level Below w/89 parking spaces. Gateway to Nashville West, Target/Walmart Retail Corridor. 90,000sf. GBA Building Footprint, 1.34ac. 40 Units Per Ac. allowed can increase unit count with bordering acreage which can be purchased separately. Priced below market for multi-family land. West Nashville ranked 2nd in highest Rental Income District vs Downtown Nashville. Subject property's area Rent avg. is $2.39sf. Across from The Summit Nashville West Apartments. Opportunity to increase the density exists. On Oct. 18,2022 Metro Council Approved SP of 53 units.
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