Our Latest Investment Offering
THE HAMILTON APARTMENTS-Nashville, TN
232-Unit | Class B Asset
16%+ Internal Rate of Return.
6%+ Average Annual Cash Return.
2x+ Capital Over Hold of Investment.
The Hamilton is a 232 unit, 1985 vintage property located in the beautiful Hendersonville, TN a top submarket of Nashville, TN. Property is surrounded by top supermarkets including Target, restaurants, the Cumberland River, jobs, and more.
Current owners are Landmark America, they are selling on current cycle for investment, large tax break for next 5 years.
Why We Love The Deal!
Simple Play, Strong Returns - Existing seller has done great job with renovation of property, we will be adding W/D for small rent bump, the large play here will be decrease in taxes, recent reappraisal put taxes 80k less than current.
Buying in Nashville - ranked by PWC/Urban Land Institute as the #1 real estate market in the country, specific area of Hendersonville has over 80k AMI.
Cash Flow - Consistent cashflow, 6% year 1 and throughout hold
Assumable Loan - 4.89% Interest Rate-5 years remaining-1 year Interest Only