Courtesy: TAP REALTY PLLC
615-852-8810
$93,905 in rental income generated in 2024! Excellent value add investment opportunity in the heart of Gallatin, TN! Identical units across the street are renting for $1095, the attached pro forma shows rental income at this rent rate would increase the rental income to $105,600 with a cap rate of 8.11%. Gallatin is one of Middle Tennessee’s fastest-growing communities—just 30 miles northeast of Nashville. The city offers a strong job market, quality schools, and a mix of suburban comfort with urban accessibility. With low vacancy rates and consistent rental demand, this property is a smart investment in a booming region. This income-producing opportunity includes two fully leased quadplexes (8 total units) located across the street from each other. 130 Brush Hill Ct and 147 Brush Hill Ct. Each unit in the quadplexes offers 2 bedrooms and 1 bathroom, spacious living areas, and private entrances—ideal for long-term tenants and easy management. Owner has invested over $39,000 in renovations since the beginning of 2024! Five of the eight units have been recently renovated, offering updated interiors that attract and retain quality tenants. The property also features new siding, a durable metal roof, and plenty of on-site parking. All units are separately metered, and tenants are responsible for their own utilities, ensuring low operational costs. With minimal exterior upkeep and stable rental income, this well-maintained asset is perfect for investors looking to grow their portfolio with a turn-key, cash-flowing property in a high-demand area. ONE of the TWO quadplexes in this listing appraised at $560,000! Please see attached. Buyers agent should verify all pertinent information.
Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
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Gallatin is located in Tennessee. Gallatin, Tennessee has a population of 43,306. Gallatin is less family-centric than the surrounding county with 26.94% of the households containing married families with children. The county average for households married with children is 32.82%.
The median household income in Gallatin, Tennessee is $62,881. The median household income for the surrounding county is $73,517 compared to the national median of $69,021. The median age of people living in Gallatin is 38.2 years.
The average high temperature in July is 88.6 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 52.1 inches per year, with 3.1 inches of snow per year.
