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listing
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Residential IncomeFor Sale
$2,350,000
108 Bonnabrook Dr
Hermitage, TN 37076
Listed by: Wildwood Real Estate, 6156789974
MLS: RealTracs
0Beds
620Sq Ft
Est. Mortgage
$12,230/mo

Value-Add Opportunity in one of Nashville’s hottest submarkets: Hermitage. The Hermitage/Donelson submarket saw 20.4% rent growth in the last 12 months—outpacing the Nashville market by 5%+. All units are one bed, one bath, and approximately 625 square feet. Current average effective rent is $861 per unit and the property is 100% occupied. With current competition at $1,150+ for one-bedroom units, there’s a massive opportunity to grow rents $250+. All units include refrigerator, range, and dishwasher (mix of white and stainless steel), tile or LVP in wet areas, and carpeted bedrooms and bathrooms. Six units have classic interiors and ten have been partially renovated (new cabinets, countertops, fixtures). DO NOT CONTACT TENANTS FOR ANY REASON. TOURS AVAILABLE UPON ACCEPTED OFFER. OR20, NOO STR allowed 11 of 16 units have been renovated, 7 now include washer and dryers. Perfect to keep as is for cashflow, or continue value add

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Information courtesy of Wildwood Real Estate is subject to verification and is not guaranteed.
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