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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
High-rise multifamily apartments
505 Church St Nashville, TN 37219-2493
Individually Owned
3-yr Hold
Property ID
US80-2899954
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2017
Total area
360,897 SF
Zoning code
MULTI-ZONE
APN
093-06-1M-001-00
UPID
US80-2899954
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
-
505 Nashville Apartment Building
-
The Acting Shop Marketing & Advertising Advertising Agency
-
A1 Accommodations and Catering Hotel & Motel Vacation Rental
-
Kramer Digital Data Center IT Consulting Firm
-
Swoop Staffing Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$875k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$765k
Owner & transaction history
George T Hampton · 3 yrs held
George T Hampton
since 2022
Last sale
$749,000
6 recorded transactions
Zoning & alternative use
MULTI-ZONE · Nashville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$690,000
ML approach
$875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$765k
Range $689k – $842k · ±10% · vs last sale $749k (Dec 2 2022)
Last sale anchor
$749k
Dec 2 2022
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
$2 / 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
$1,468,957
Tax year 2023
Assessed value
$43,416,583
Assessed 2023
Previous assessed
$61,681,600
-29.6% YoY
Effective rate
3.38%
On assessed value
Assessed land
$2,510,080
Assessed improvement
$40,906,503
Land market value
$6,275,200
Improvement market value
$102,266,257
Total market value
$108,541,457
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
NONE
Cooling
CENTRAL
Buildings
2
Stories
29
Total area
360,897 SF
Zoning code
MULTI-ZONE
APN
093-06-1M-001-00
UPID
US80-2899954
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Nashville, TN
Zoning 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
Nashville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2017
Heating
NONE
Cooling
Yes
Stories
29
Buildings
2
Current owner
From public records · entity-resolved
George T Hampton
Individual
Mailing address
424 CHURCH ST STE #2900, NASHVILLE, TN 37219-2334
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2024
—
505 Apartments LLC
—
Deed
related
$77,500,000 · Everbank NA
Dec 2, 2022
—
George T Hampton
Diana Milena Parra Salamanca
Intrafamily Transfer
related
—
May 24, 2021
$749,000
Dominique Arrieta
505 Property LLC
Warranty Deed
$250,000 · Cogent Bank
Oct 2, 2019
—
505 Apartments LLC
—
Grant Deed
related
$77,000,000 · Miscellaneous Ins Co
Apr 16, 2018
$1,250,000
Ambrose,francis J III Trust
505 Property LLC
Warranty Deed
—
Apr 9, 2018
$1,200,000
Thomas Hedley
505 Property LLC
Warranty Deed
$1,020,000 · Franklin Synergy Bk
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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