268 Plus Park Blvd, Nashville, TN 37217, Nashville, 37217 - 0 bed, 0 bath
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Nashville, TN 37217
Analysis of 268 Plus Park Blvd, Nashville, TN 37217 is currently available with a list price of $3,000,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Nashville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1980, these units are over 40 years old and show signs of aging infrastructure. While currently rented and functional, the property is being marketed primarily for its development potential and OR 20 zoning. The exterior appears maintained but dated, and there is no evidence of recent major renovations to kitchens, bathrooms, or major systems, placing it in the fair category.
The OR 20 zoning and existing preliminary development plans for short-term rentals offer significant upside for investors looking to redevelop or optimize the site's density in a growing market.
All 12 units across the six buildings are currently rented, providing a steady income stream that offsets holding costs while the new owner prepares for future development.
Acquiring six buildings as a single package deal allows an investor to instantly establish a significant multi-family footprint in Nashville through one streamlined transaction.
Constructed in 1980, the existing units may require substantial maintenance or modernization if the buyer chooses to hold the assets long-term rather than redevelop.
Managing 12 units spread across six separate buildings increases logistical complexity and maintenance oversight compared to a centralized multi-family complex.
Lot 268,272,276,280,284,and 288 Plus Park Blvd are all being sold together as a package deal. OR 20 zoning. Each building is the same and contains 2 rentable units. So a total of 12 units are being sold in 6 buildings. Attached in the documents section is a preliminary development plan the sellers had done a few years ago to explore short term rental and other development options. All units are currently rented which will allow you to receive income until you are ready to develop.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1980 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Sep 23, 2025
$3,000,000
Initial Listing