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Capstone is pleased to present the Forty West & Merry Oaks Portfolio, a combined 38-unit apartment portfolio located near downtown Nashville, TN. Current ownership has renovated over 50% of the units at each property, providing investors the unique opportunity to complete renovations and quickly increase the value of the property. Forty West is located near the Nations in West Nashville, a fast-growing submarket filled with many new retail and entertainment developments, and more expected to follow. Merry Oaks has the ability to operate as a short-term rental with its current zoning and is conveniently located within a mile of Nashville International Airport. The assets can be purchased individually.
Investment Highlights:
Proven Value Add-Opportunity
STR Eligible–Merry Oaks
Submarket Appeal
Ideal Proximity to Multiple Attractions