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Property profile & analytics
OFF-MARKET
Estimated value
$67,785,000
High-rise multifamily apartments
120 5th St Nashville, TN 37206-4246
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-2942899
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2017
Total area
234,569 SF
Lot
2.17 ac (94,525 SF)
Zoning code
MULTI-ZONE
APN
082-15-0-230-00
UPID
US80-2942899
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
-
Eastside Heights Apartments Apartment Complex
-
steadfast management Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$70.23M
Blend (final)
Blend
$67.79M
Owner & transaction history
Eastside Heights Residneces LLC · 1 yrs held
Eastside Heights Residneces LLC
since 2025
Last sale
$63.3M
5 recorded transactions
Zoning & alternative use
MULTI-ZONE · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Ordinance
Top alternative use upside
Retail stores
$108.5M
+88.0%
Neighborhood: shopping center
$87.8M
+52.1%
Medical building
$81.9M
+41.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Nashville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nashville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$74,370,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$57,695,000
Current use
RETAIL STORES
$108,475,000
Change: +88% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$87,775,000
Change: +52% · Conversion: Difficult
MEDICAL BUILDING
$81,860,000
Change: +42% · Conversion: Moderate
OFFICE BUILDING
$68,490,000
Change: +19% · Conversion: Moderate
Blend value · Realmo final
$67.79M
Range $61.01M – $74.56M · ±10% · vs last sale $63.27M (Jan 3 2025)
Last sale anchor
$63.27M
Jan 3 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$289 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$820,620
Tax year 2023
Assessed value
$25,218,800
Assessed 2023
Previous assessed
$25,218,800
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$3,781,000
Assessed improvement
$21,437,800
Land market value
$9,452,500
Improvement market value
$53,594,500
Total market value
$63,047,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2017
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
5
Total area
234,569 SF
Lot
2.17 ac (94,525 SF)
Zoning code
MULTI-ZONE
APN
082-15-0-230-00
UPID
US80-2942899
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Nashville, TNZoning MULTI-ZONE · permitted uses
MULTI-ZONE · Nashville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Ordinance
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$57.7M
RETAIL STORES
Est. value
$108.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$87.8M
MEDICAL BUILDING
Est. value
$81.9M
OFFICE BUILDING
Est. value
$68.5M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Heating
CENTRAL
Cooling
Yes
Stories
5
Buildings
2
Lot
2.17 ac
Current owner
From public records · entity-resolved
Eastside Heights Residneces LLC
Entity
Free & Clear · 1 yrs held
Mailing address
12750 MERIT DR STE #800, DALLAS, TX 75251-1251
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2025
$63,265,000
Eastside Heights Residneces LLC
Steadfast Eastside Lga LLC
Special Warranty Deed
—
Nov 6, 2019
—
Steadfast Eastside Lga LLC
Steadfast Eastside Lga LLC
Correction Deed
related
—
Oct 30, 2019
$64,200,000
Steadfast Eastside Lga LLC
Eh Property LLC
Special Warranty Deed
$45,475,000 · Pnc Bank NA
Nov 16, 2018
—
Eh Property LLC
—
Deed
related
$49,168 · Global Inv Fund I
—
—
Eh Property LLC
—
Deed Of Trust
related
$49,168 · Global Inv Fund I
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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