$1,500,000
A rare opportunity to acquire a fully entitled multifamily site in Nashville's rapidly transforming Woodbine Growth corridor. Acquire an approved 20-unit project without spending months in Metro Planning. The zoning work is complete, density is secured, and the project is positioned for immediate development planning. Skip the Rezoning. Start Building! There are very few small multifamily opportunities left in this part of Nashville. 516, 518 & 520 Veritas Street. Approved plans feature a thoughtfully designed 20-unit residential community consisting of 16 one-bedroom units at approximately 595 SF and 4 one-bedroom units at approximately 650 SF. The property offers convenient access to Downtown Nashville, Berry Hill, Wedgewood-Houston, I-65, major employment centers, restaurants, retail, and entertainment. The site consists of three contiguous lots with utilities available and a completed boundary and topographic survey. The approved SP creates a defined development path for builders, multifamily developers, and investors seeking entitled inventory in a supply-constrained market. Whether you are an established multifamily developer, a builder looking to expand into multifamily, or an investor seeking a strategic infill project, this property offers the opportunity to capitalize on Nashville's continued growth and housing demand. Due diligence package, approved plans, survey, and entitlement information available upon request.
3501169
MLS
⋅
ACTIVE
Status
⋅
0.17
Acres
⋅
37211
Zip Code
516 Veritas St, Nashville
