Viking Capital presents The Hamilton, a 232-unit, light value-add multifamily community built in 1985 and located in Hendersonville, Tennessee—one of Nashville’s most desirable, supply-constrained submarkets. Known for its top-rated school district and strong demographics, Hendersonville offers exceptional rent growth potential driven by limited new construction and robust tenant demand.
The Hamilton has undergone recent upgrades, including full interior renovations (2020) and new roofs (2024). With these improvements already in place, The Hamilton requires minimal CapEx budget moving forward, making it a low-risk, opportunity.
This asset benefits from strong tenant demand, a significant rent-to-own delta, and a proven high-occupancy track record. The Hamilton is well-positioned for continued appreciation.
Offered with a loan assumption at a 4.889% fixed rate, The Hamilton provides a unique advantage by securing stable, low-interest financing in a volatile rate environment. This financing structure enhances the asset's cash-flowing potential in a market poised for continued growth.