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Property profile & analytics
OFF-MARKET Estimated value $6,450,000
High-rise multifamily apartments

1016 18th S Ave Nashville, TN 37212-2105

58,174 SF 0.52 ac lot Built 2012
Entity Owned 15-yr Hold ~ Est. High Equity
Property ID
US80-0717112
Property profile
Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Year built 2012
Construction FRAME
Total area 58,174 SF
Lot 0.52 ac (22,651 SF)
Zoning code ORI
APN 104-04-0-095-01
UPID US80-0717112
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Midtown Place Apartment Building Gated Community
  • Mint House Nashville – Music Row Hotel & Motel
  • Common Cause Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.45M
Owner & transaction history
Midtown Place LLC · 15 yrs held
Midtown Place LLC
since 2011
3 recorded transactions
2012
Price N/A
2011
Price N/A
2007
$2.0M
Zoning & alternative use
ORI · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

ORI, Office/Residential Intensive District and ORI-A, Office Residential Intensive District Alternative. The ORI district is designed to provide adequate and suitable space in appropriate locations for high intensity office uses mutually compatible with high-density residential uses. A selective list of retail trade, business service and personal care servic…

Zone name Office Residential Intensive
General category COMMERCIAL
Zone area 645.57 ac
Source Zoning Ordinance
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