108 Bonnabrook Dr, Hermitage TN, 37076

Active

108 Bonnabrook Dr

Hermitage TN, 37076

$2,350,000

$3,790.32 per sqft

Active

620 sqft

Residential

Built in 1972

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, NOO STR allowed 11 of 16 units have been renovated, 7 now include washer and dryers. Perfect to keep as is for cashflow, or continue value add

2608560

MLSⓇ ID

January 10, 2024

Listed

November 8, 2024

Updated

Map

108 Bonnabrook Dr
Hermitage TN, 37076

Interior Features

Total Stories: 2
Floor Description: Carpet, Laminate
Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: Yes
Heating Description: Central

Exterior/Building Features

Sewer: Public Sewer

School Information

High School: McGavock Comp High School
Elementary School: Hermitage Elementary

Other Property Details

Taxes: $15,074
Tax Frequency: Annually
Days on Market: 21
Garage: No
Parking Total: 0
View: No
County: Davidson County, TN
Water Source: Public
Pool: No
Zoning: OR20

Listed by JD Hartwig, Wildwood Real Estate

Based on information submitted to the MLS GRID by Middle Tennessee Regional Multiple Listing Service as of 11/8/2024, 3:45 PM UTC. All data is obtained from various sources and may not have been verified by the 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 non-commercial use, that it 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, and the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.