New Offering: 205-Unit Proven Value-Add Asset Located in Desirable Nashville Submarket

Download Offering Materials: Flats at Nolensville

Capstone Apartment Partners is pleased to present Flats at Nolensville: a 205-unit, 1979 vintage apartment community in Nashville, Tennessee. Flats at Nolensville is conveniently located in highly desirable south Nashville with immediate access to retail, multiple employment hubs, and all of the attractive characteristics of Brentwood. The current owner has completed over $1M in capital improvements targeting unit interiors and exterior deferred maintenance. The improvement program has demonstrated the demand for upgraded product, as fully renovated units are achieving in-place rent premiums of $137–192. Flats at Nolensville presents an exciting opportunity to purchase a quality asset, allowing new ownership to immediately focus on continuing the interior value-add initiative and pushing rents.

Investment Highlights:

Proven Value-Add Program

Located Along Two of Nashville’s Strongest Corridors

Amenity Rich Location with Unmatched Employment Proximity

 

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