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Apartment Community with Townhomes
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270 Tampa Drive, Nashville, TN 37211

Nashville apartment community with garden walk-ups, townhomes, vacant build-back lots, and units under construction.

Property Size5,557 SF
Price / SF$1,439
Days on Market15

Property Features for 270 Tampa Drive

General Information

Standard status Active
Size 5,557 SF
Class C
Property subtype Multifamily
Occupancy 50%
Investment Type Value Add

Building Details

Year Built 1970
Units 126
Listing Agency: MRG Realty Partners
Listed By: Drew Lekowski · License #TN-371021
Source: Crexi
Added: Aug 21 Changed: Aug 29 Last Checked: Sep 1 at 6:02PM

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 MRG Realty Partners

Investment Insights

Based on property information with market context.

This Nashville apartment community was built in 1970 and includes a mix of garden walk-ups and townhome-style residences. The unit configurations include one-bedroom, one-bath homes measuring 728 SF; two-bedroom, two-bath homes at 1,096 SF; two-bedroom, 2.5-bath townhomes at 1,152 SF; and three-bedroom, 2.5-bath townhomes measuring 1,496 SF. An additional 1,085 SF unit size is shown on the master record.

The property includes 74 actively renting units, 31 condemned units, and 16 vacant lots designated for build-back units. Six units are under construction and reported at 70% completion. The source information identifies the asset as a 126-condominium community while separately reporting 127 total units; the conflicting total has been omitted.

Key Highlights

  • 74 units are actively renting
  • 31 condemned units and 16 vacant build‑back lots
  • 6 units under construction at 70% complete

Property Analytics

Current Use

Gibson Cleaning Solutions Hardware & Home Improvement Tampa dr Condominium Complex

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Catering Service Butcher Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

551
Businesses Nearby

Demographics for 37211, TN

81,830
Population
34,650
Households
2.4
Avg Household Size
33
Median Age
43%
College-Educated
86%
High-School Grad
21.7 sq mi
ZIP Area
3,771
Density / Sq Mi
$69,936
Median Household Income
$42,270
Median Earnings
$1,444
Median Rent
$374,200
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 - Nashville apartment community with garden walk-ups, townhomes, vacant build-back lots, and units under construction.
Where is this apartment building located?
The property is located at 270 Tampa Drive Nashville, TN.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: 74 units are actively renting; 31 condemned units and 16 vacant build‑back lots; 6 units under construction at 70% complete
(615) 522-3973 Call to check price and availability
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