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Improved Mixed-Use Land for Sale in Spring Hill, Tennessee

123 Bess Blvd, Spring Hill, TN 37174

$6,500,000
2 acres
Active sale
ago
Est $35,713/mo

18-UNIT INVESTMENT PORTFOLIO | NASHVILLE & SPRING HILL, TENNESSEE

An exceptional opportunity to acquire an 18-unit residential investment portfolio in two of Middle Tennessee’s strongest and fastest-growing rental markets. This professionally assembled collection includes 16 modern townhomes in Preston Park, Spring Hill and 2 luxury live-work residences in Hyde’s Landing, Nashville, offering immediate income with exceptional long-term appreciation potential.

Designed to appeal to today’s lifestyle-driven renter, these contemporary homes feature open-concept floor plans, upscale finishes, and walkable locations near shopping, dining, entertainment, and major employment centers. Several residences are already actively marketed for lease, allowing investors to capitalize on current rental demand while completing lease-up.

Investment Highlights

Rental Income is projected based on them being rented out. All new homes.

18 Residential Units in High-Growth Middle Tennessee Markets

16 Units in Preston Park – Spring Hill

2 Live-Work Residences in Hyde’s Landing – Nashville

Estimated Gross Income: $450,000

Estimated Net Operating Income (NOI): Approximately $325,000

Offered at an estimated 5.0% Cap Rate

Attractive mix of one-bedroom, two-bedroom, and four-bedroom residences

Low-maintenance, newer construction with strong tenant appeal

Excellent opportunity for investors seeking stabilized cash flow and future appreciation

Preston Park – Spring Hill

Located in the heart of rapidly expanding Spring Hill, Preston Park offers a highly desirable suburban lifestyle with convenient access to Franklin, Cool Springs, and Nashville. Residents enjoy proximity to major employers, parks, shopping, restaurants, and top-rated amenities, making these homes highly attractive to professionals and families alike.

25,894
Sq feet
2024
Built

Location

Street address
123 Bess Blvd
Zip code
37174
Elevation
740 feet
Coordinates
35.7702, -86.9213

Directions

Columbia Ave. to Belshire Blvd. between Lowes and Home Depot.

Property details

Acreage
2 acres
Zoning
C-4
MLS #
REALTRACS 3598742
Posted

Parcels

  • 094167B M 00300 00004167B

Details and features

Listing

Type
Commercial Sale
Subtype
Mixed Use
Possession
Close of Escrow

Lot

Size Source
Assessor

Listing history

DateEventPriceChangeSource
Sept 24, 2026New listing$6,500,000—REALTRACS
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This 2-acre property is located at 123 Bess Blvd in Spring Hill, TN 37174. The property is available for sale, priced at $6,500,000. It has a 25,894 square foot structure built in 2024.

Checked 2 hours agoUpdated

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Realtracs

Based on information submitted to the MLS GRID as of Oct 1, 2026 5:00 pm MT. All data is obtained from various sources and may not have been verified by 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. Some IDX listings have been excluded from this website. View more

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