2773 Us-31W White House, TN 37188
- Apartment buildings
- 3.00 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 2773 Us-31W
- Lot size
- 3.00 lot acres
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a fully entitled 48-unit apartment complex situated on a 3-acre lot in White House, Tennessee. The property boasts three two-story buildings, offering a total of 48 residential units. Conveniently located on US-31W, this development enjoys high visibility and easy access to Interstate 65, just one mile away, providing convenient commutes to both White House and Nashville (22 miles north of downtown). The site is already equipped with utilities, eliminating significant upfront development costs. This turnkey project is ready for immediate development or acquisition by an experienced multifamily investor seeking a strong return on investment in a rapidly growing area. The existing entitlements streamline the development process, minimizing permitting delays and expediting the construction timeline. With its prime location and substantial unit count, this property presents a compelling opportunity to capitalize on the robust demand for rental housing in the White House and greater Nashville area. The 3-acre lot provides ample space for future expansion or additional amenities. This is a rare chance to acquire a fully permitted and ready-to-develop multifamily property in a high-growth market. The asking price is $1,900,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- White House
- County
- Robertson
- State
- Tennessee
- Longitude
- -86.6715
- Latitude
- 36.4541