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Renovated Condo Income Property
For Sale
$249,900
Pending

3100 Casa Ct, Nashville, TN 37214

Updated condo with contemporary kitchen and bath finishes, newer major systems, and convenient highway access.

Property Size930 SF
Days on Market83

Property Features for 3100 Casa Ct

General Information

Standard status Pending
Size 930 SF
Property subtype Land

Additional Details

Highway Access Yes
Multifamily Units 1

Building Details

Year Built 1985
Listing Agency: Haven Real Estate
Listed By: Everhaven Group
Source: Everhavennashville
Added: Jul 26 Changed: Oct 15 Last Checked: Oct 16 at 8:15AM

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 Haven Real Estate

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Investment Insights

Based on property information with market context.

This 930-square-foot condo in the Patio Villa Community was built in 1985 and has been renovated throughout. The kitchen includes stainless steel appliances, white cabinetry, and quartz countertops, while the bathroom has a newer sink, vanity, and tub-and-shower combination. Luxury vinyl plank flooring extends through the interior, and the water heater has also been updated.

The property is located at 3100 Casa Ct in Nashville’s Donelson area, with highway access supporting convenient commuting. The HVAC system and roof are both only a few years old, and the property has no HOA.

Key Highlights

  • 930‑square‑foot condo in the Patio Villa Community
  • Renovated kitchen with stainless steel appliances, white cabinets, and quartz countertops
  • Updated bathroom with modern finishes, new sink and vanity, and tub/shower combo

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,834
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,680 $216.7K
Cap Rate 7%
$154,771 $154.8K
Cap Rate 9%
$120,378 $120.4K
Market Conditions
NOI Build-Up for 930 SF
Gross rent
$21.2K $22.80/SF
− Vacancy
−$1.5K −$1.62/SF
EGI
$19.7K $21.18/SF
− OpEx
−$8.9K −$9.53/SF
NOI
$10.8K $11.65/SF
Area
ZIP 37214
Vacancy
7.10%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,680
Cap Rate 7%
$154,771
Cap Rate 9%
$120,378

Alternative Uses

Best Use
Apartment 5plus
$154.8K
$135.4K – $180.6K (±1% cap)
NOI $10,834 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$241.1K
$210.9K – $281.2K (±1% cap)
NOI $16,874 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Building Supply

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

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby

Demographics for 37214, TN

30,480
Population
15,526
Households
2
Avg Household Size
38
Median Age
46%
College-Educated
93%
High-School Grad
21.9 sq mi
ZIP Area
1,392
Density / Sq Mi
$71,969
Median Household Income
$48,583
Median Earnings
$1,567
Median Rent
$315,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - Updated condo with contemporary kitchen and bath finishes, newer major systems, and convenient highway access.
Where is this residential income property located?
The property is located at 3100 Casa Ct Nashville, TN.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 930‑square‑foot condo in the Patio Villa Community; Renovated kitchen with stainless steel appliances, white cabinets, and quartz countertops; Updated bathroom with modern finishes, new sink and vanity, and tub/shower combo
More about this property
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