50-Unit Apartment
101 Kingsridge Drive, La Vergne, TN 37086
For Sale
Contact for pricing
Updated in 2021, the property combines one- and two-bedroom floor plans with individually metered electricity.
Property SizeContact for details
Days on Market32
Property Features for 101 Kingsridge Drive
General Information
Standard status
Property subtype
Units
Multifamily Units
Individually Metered Utilities
Additional Details
Highway Access
Building Details
Year Built
Year Renovated
Listing Agency:
Marcus & Millichap - Nashville
Listed By:
Patrick Cosgrove · License TN #341774
(615) 997-2853
Source:
Crexi
Added: Oct 9
Changed: Nov 8
Last Checked: Nov 8 at 3:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Nashville
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Investment Insights
Based on property information with market context.
This 50-unit apartment property was built in 1982 and underwent a full interior renovation in 2021. The residences offer one- and two-bedroom layouts, with refreshed kitchens featuring new cabinets, appliances, and countertops. Improvements also included paint throughout, new roofs and siding, replacement windows, most HVAC units, copper and PEX plumbing, resurfaced parking, LED lighting, and an outdoor common area. Electricity is individually metered for each apartment.
In La Vergne, Tennessee, the community sits along the I-24 corridor between Nashville and Murfreesboro, approximately 20 miles from Nashville. Its location places the property within Rutherford County and the area’s industrial and distribution base.
In La Vergne, Tennessee, the community sits along the I-24 corridor between Nashville and Murfreesboro, approximately 20 miles from Nashville. Its location places the property within Rutherford County and the area’s industrial and distribution base.
Key Highlights
- 50 apartments with one- and two‑bedroom floor plans
- Built in 1982; fully renovated in 2021
- Exterior work included roofs, siding, windows, most HVAC units, and copper and PEX plumbing
Property Analytics
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Lease Details
50
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
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Business Placement
Demographics for 37086, TN
37,463
Population
13,282
Households
2.8
Avg Household Size
32
Median Age
23%
College-Educated
89%
High-School Grad
24.8 sq mi
ZIP Area
1,511
Density / Sq Mi
$79,285
Median Household Income
$39,943
Median Earnings
$1,716
Median Rent
$268,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Updated in 2021, the property combines one- and two-bedroom floor plans with individually metered electricity.
Where is this apartment building located?
The property is located at 101 Kingsridge Drive La Vergne, TN.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: 50 apartments with one- and two‑bedroom floor plans; Built in 1982; fully renovated in 2021; Exterior work included roofs, siding, windows, most HVAC units, and copper and PEX plumbing
