Address
108 Bonnabrook Dr, Hermitage, TN
Price
$ 2,400,000
Property Attributes
  • MLS#2391633
  • TypeMulti-Family
  • CountyDAVIDSON
  • CityHermitage
  • NeighborhoodJames K Wall
  • Zip37076
  • Style
  • Year Built1972
  • Taxes$ 15234
  • Price$ 2,400,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage620
  • Lot Size0.9 Acres
Data Source:
Listing courtesy of RealTracs MLS as distributed by MLS GRID
Property Description

Value-Add Opportunity in one of Nashville’s hottest submarkets: Hermitage. The Hermitage/Donelson submarket saw 20.4% rent growth in the last 12 months—outpacing the Nashville market by 5%+. All units are one bed, one bath, and approximately 625 square feet. Current average effective rent is $861 per unit and the property is 100% occupied. With current competition at $1,150+ for one-bedroom units, there’s a massive opportunity to grow rents $250+. All units include refrigerator, range, and dishwasher (mix of white and stainless steel), tile or LVP in wet areas, and carpeted bedrooms and bathrooms. Six units have classic interiors and ten have been partially renovated (new cabinets, countertops, fixtures). DO NOT CONTACT TENANTS FOR ANY REASON. TOURS AVAILABLE UPON ACCEPTED OFFER. OR20

Elementary School Middle School High School
Hermitage Elementary Donelson Middle School McGavock Comp High School
Price History
5/31/2022 Listed $2,600,000
6/9/2022 10% - $2,350,000

General Features

Attached Garage No
Building Area Units Square Feet
Carport Y/N No
City Hermitage
Construction Materials Brick
Cooling Electric
County Davidson County, TN
Days on Market 15
Directions From Downtown head east on Lebanon pike, Left on Bonnabrook Drive
Elementary School Hermitage Elementary
Garage Y/N No
Grossincome 12740
Heating Electric
High School McGavock Comp High School
Levels One
Middle/Junior High School Donelson Middle School
Net Operating Income 12740
New Construction No
Ownerpays Water
Possession Close Of Escrow
Property Attached Y/N No
Property Type Residential Income
Security Features Fire Alarm, Security System
Sewer Public Sewer
Standard Status Active
Status Active
Stories 2
Street Name Bonnabrook Dr
Subdivision Name James K Wall
Tax Annual Amount 15234
Total Actual Rent 1875
Total Units 16
View Y/N No
Waterfront Y/N No
Year Built 1972
Year Built Details EXIST
Zoning OR20

Interior Features

Above Grade Finished Area 620
Above Grade Finished Area Source Other
Above Grade Finished Area Unit Type Square Feet
Air Conditioning Y/N Yes
Below Grade Finished Area Source Other
Below Grade Finished Area Unit Type Square Feet
Fireplace Y/N No
Flooring Concrete
Heating Y/N Yes
Living Area Units Square Feet
Livingareasource Other

Exterior Features

Living Area 620
Building Area Total 620
Inclusions APPLN
Lot Dimensions 183 X 238
Lot Size Acres 0.9
Lot Size Area 0.9
Lot Size Source Assessor
Lot Size Units Acres
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 37076

Price
AVG $1.4M
$2.4M
Taxes
AVG $9,065
$15,234
Visits
AVG 12
17
Year Built
AVG 1980
1972
Walkscore
AVG 34
49
Data Provided by Walkscore ® not using MLS data