610 Sylvan Hts Way Nashville, TN 37209
246-unit multifamily property in West Nashville's growing urban area.
Building Details
- Year built
- 2016
Source:
Nmrk
Listing Agent: Tarek El Gammal
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Nashville Multifamily Property: Station 40
Station 40 is a multifamily property built in 2016, comprising 246 units. It is located on Charlotte Avenue in West Nashville, offering walkability, connectivity, and access to the city’s growth corridors. Positioned within one of Nashville’s fastest-growing neighborhoods, it serves as a link between the Sylvan Park and The Nations neighborhoods. This area has become attractive to employers, creative office spaces, and urban redevelopment, with projects reshaping West Nashville into a hub for commerce and entertainment. The property has a walk score of 84, indicating a highly walkable area surrounded by mixed-use retail, restaurants, fitness destinations, and entertainment. Located between Sylvan Park and The Nations neighborhoods, home values are $800,000 and $700,000, respectively. It is located approximately 8 minutes from downtown Nashville. The property presents mark-to-market upside, with in-place rents below similar properties. There is a value-add opportunity to increase rents. The offering price represents a discount to replacement cost. Station 40 is positioned to deliver income and long-term value appreciation.
Location Intelligence
Current Use by Public Records
Apartment buildings
Map
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Longitude
- -86.9241
- Latitude
- 36.1578
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 246-unit multifamily property in West Nashville's growing urban area.
Where is this apartment building located?
The property is located at 610 Sylvan Hts Way Nashville, TN.
What are key features of this property?
This property features: - Prime infill location in West Nashville with an **84 walk score**, offering walkability to retail, restaurants, fitness, and entertainment.; - Significant mark-to-market upside with in-place rents $200-$300 below similar vintage comparables.; - Value-add opportunity to increase rents by up to $500/unit, based on aspirational comps in lease-up.