Nook Green Hills Nashville, TN

Investment Highlights

• Trophy Asset in Irreplaceable Green Hills/Belle Meade Location
• Average Household Income Over $165K in 1-Mile Radius
• Turnkey Asset – Nearly $675K ($85K/unit) of Interior/Exterior Renovations Completed
• RARE Zoning for the Immediate Area – Long-Term Land Value
• Incredible Proximity to Vanderbilt, Belmont, Lipscomb University, & Nashville's Medical Corridor
• Supply-Constrained Submarket with Significant Barriers to Entry
• Potential Upside Through Student Housing Conversion

Trophy Asset in Irreplaceable Green Hills/Belle Meade Location

Nook Green Hills is situated in one of Nashville's most affluent and desirable neighborhoods – sandwiched between Hillsboro Road and West End. Located minutes from Vanderbilt University, Belmont University, Hillsboro Village, and the West End employment corridor, the property offers residents access to some of the city's strongest educational, employment, dining, and retail destinations.

Average Household Income Over $165K in 1-Mile Radius

Simply put – Nook Green Hills is a highly unique asset that resides in a predominately residential, ultra-wealthy pocket of Nashville. Average Household Income’s exceed $165K in a 1-mile radius, and Average Median Income’s are nearly $140K in a 1-mile radius. Tucked away in a residential neighborhood, with effectively no rental supply in the immediate area – Nook provides a unique opportunity to take advantage of outsized rental premiums which are relatively affordable compared to the cost of living nearby.

Turnkey Asset – Nearly $675K ($85K/unit) of Interior/Exterior Renovations Completed

The property has undergone extensive interior renovations featuring modern kitchens, stainless steel appliances, updated bathrooms, in-unit laundry, and contemporary finishes. Not only this – the current owner expanded the unit count, converting the 1-bedroom units to 100% 2-bedroom units. This provides the next operator with a significant advantage in capturing additional rental premium with the expanded unit mix. Investors are afforded the opportunity to focus on operational execution rather than significant capital expenditures.