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2,104 sqft

$6,250,000

824 Watts Ln, Nashville TN, 37209

Price per sqft$2,970.53
Built in2024
Property size2,104 sqft
Property typeResidential
Courtesy of Compass RE, Sheila Gerardy Listing Contact: 3125320483

Overview

Active

Listed Aug 31, 2026

Updated 9 days ago

Industry Square presents an opportunity to acquire a concentrated portfolio of 10 newer-construction townhomes within a boutique 16-residence community in West Nashville. Offered together at $6.25M, 9 of the 10 residences are currently leased, providing an established rent roll with approximately $387,000 in annualized in-place gross rent. Current rents are predominantly $3,650/month, with only one lease receiving a one-month concession and lease terms extending into 2027 and 2028. The portfolio represents an average acquisition basis of $625,000 per residence and includes 10 of the community’s 16 homes, providing the purchaser with concentrated ownership. Each residence features 3 bedrooms and 3 full bathrooms across approximately 2,080–2,402 square feet, with an attached two-car garage, rooftop deck, private balcony and elevated modern finishes. One residence remains available for lease, while an additional residence is currently leased month-to-month at $3,000, providing flexibility and potential upside within the existing rent roll. An attractive option for an investor looking to deploy capital, complete a 1031 exchange, or add multiple Nashville doors through a single acquisition rather than assembling and leasing a scattered portfolio property by property. Conveniently located in West Nashville with access to downtown, the hospital district, shopping, dining and major employment centers. Full Offering Memorandum, rent roll and individual lease information available upon request. Buyer and buyer’s agent to independently verify all financial information, leases, HOA documents, expenses and investment assumptions.

$41,581/mo

Est. mortgage payment based on a $6,250,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$4,796
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
55+/Senior Community
No

Listings courtesy of Middle Tennessee Regional Multiple Listing Service as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Allison Francy shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 12:48 PM UTC on 9/17/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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