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36-Unit Apartment Building
New
For Sale
$5,948,850

126 Walton Ferry Rd, Hendersonville, TN 37075

Upgraded multifamily community with new roofs, windows, HVAC systems, and renovations across most units.

Property Size32,040 SF
Days on Market3

Property Features for 126 Walton Ferry Rd

General Information

Standard status Active
Size 32,040 SF
Property subtype Multifamily

Additional Details

Multifamily Units 36

Amenities

Significant capital improvement program with $998,336 invested over the past 48 months.
24 of 36 units have been renovated, renovations mostly include white cabinetry, stainless-steel appliances, luxury vinyl flooring, updated bathrooms, fresh paint, and modern lighting.
33 of 36 HVAC systems have been replaced since 2020.
All windows were replaced within the last 36 months.
All six building roofs were replaced between 2019 and 2024.
Extensive exterior improvements include full mansard siding replacement, exterior paint, stair repairs, landscaping upgrades, and the addition of a dog park.

Building Details

Building Size 32,040 SF
Units 36
Listing Agency: Nashville Office
Listed By: Pat Cosgrove · License #License(s): TN: 341774
Source: Marcusmillichap
Added: Aug 20 Changed: Aug 21 Last Checked: Aug 21 at 5:32AM

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 Nashville Office

Investment Insights

Based on property information with market context.

Walton Place is a 36-unit apartment property at 126 Walton Ferry Rd in Hendersonville, TN. The community has received extensive capital work during the past four years, including replacement roofs, windows, and HVAC systems. Renovations have also been completed in a majority of the units.

The property includes utility bill-back infrastructure, providing an established framework for recovering utility costs from residents. Additional unit renovations and operational efficiencies are identified as potential areas for continued property improvement. The offering is structured for an all-cash closing, with purchase terms to be submitted through a non-binding Letter of Intent.

Key Highlights

  • 36‑unit apartment property in Hendersonville, TN
  • New roofs, windows, and HVAC systems completed
  • Majority of units have been renovated

Property Analytics

Current Use

Point Apartments Drakes Apartment Building Walton Place Apartments Apartment Building Walton Ferry Apartments Apartment Complex

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher Pet Store Fish Market Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

36
Residential units

Location Intelligence

Trade Area within ½ mile

1,266
Businesses Nearby

Demographics for 37075, TN

71,023
Population
29,600
Households
2.4
Avg Household Size
39
Median Age
42%
College-Educated
95%
High-School Grad
59.0 sq mi
ZIP Area
1,204
Density / Sq Mi
$97,597
Median Household Income
$50,323
Median Earnings
$1,552
Median Rent
$403,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Upgraded multifamily community with new roofs, windows, HVAC systems, and renovations across most units.
Where is this apartment building located?
The property is located at 126 Walton Ferry Rd Hendersonville, TN.
What is the asking price?
The asking price for this property is $5,948,850.
What are key features of this property?
This property features: 36‑unit apartment property in Hendersonville, TN; New roofs, windows, and HVAC systems completed; Majority of units have been renovated
More about this property
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