Active · MLS#: RTC3525628
$6,250,000
824 Watts Ln
Nashville, TN 37209
About this home
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.
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Property facts
- Units
- 10 units
- Square feet
- 2,104
- Lot acres
- —
- Year built
- 2024
- Garage spaces
- 2
- Property type
- Residential Income
- County
- Davidson County, TN
Location
Homes nearby
Listed by Compass RE · MLS#: RTC3525628 · Status: Active
Listings courtesy of RealTracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 9/16/2026, 3:04:00 PM CT. 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. IDX information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID.
