listing
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Condo
$5,700,000
1708 Acklen Ave
Nashville, TN 37212
Listed by: Compass Re, 7084081788
MLS: RealTracs
10Beds
10Baths
10,838Sq Ft
Est. Mortgage
$29,522/mo

Amazing opportunity, not seen in decades, to buy a rare Rm40: Multi Family (40 Units An Acre) zoned lot. Directly adjacent to Belmont University w/three (3) sides of egress from 18th Ave South, Magnolia Blvd, & Acklen Ave. The redevelopment possibilities for this land are exciting as the underlying land use policy code of DMI (District Major Institutional) allows for a myriad of uses. The existing multi-family building houses 10 units & could be remodeled for a long term cash flowing hold, but the opportunity here lies in redeveloping your vision for a new building in the shadow of Belmont, Hillsboro Village, and Music Row. This sale also comes with 1810 Magnolia Blvd (vacant Rm40 zoned land). Serious inquiries only please, proof of funds are required for a site visit & building access.

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Information courtesy of Compass Re is subject to verification and is not guaranteed.
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