REO Sale: Crossings at Madison | 112-Units

Highlights:

• Institutional Scale with Value-Add Upside: Crossings of Madison is a 112-unit multifamily community offering true operational scale rarely available at an attractive basis in the Nashville MSA. The unit count supports professional management, cost efficiencies, and strong exit liquidity.
• Significant NOI Growth Opportunity: Currently operating at approximately 75% occupancy, the asset provides a clear runway for income growth through lease-up, improved collections, and operational optimization.
• Below-Market Rents with Proven Demand: In-place rents average approximately $1.18/SF, trailing comparable properties that average $1.29/SF, creating immediate mark-to-market upside as occupancy stabilizes.
• Classic Value-Add Profile: Deferred maintenance and vintage construction (1978) create a high-impact renovation opportunity, allowing investors to modernize interiors, improve curb appeal, and enhance tenant experience. ​​​​​​
• Strong Unit Mix & Livable Floor Plans: The property offers a balanced mix of 1-bedroom garden units, 2-bedroom flats, and 3-bedroom townhomes with larger-than-average unit sizes, supporting broad renter appeal, stronger retention, and durable demand.
• Prime Nashville Submarket Location: Situated in Madison, just minutes from East Nashville, the property benefits from proximity to one of the city’s most transformative growth corridors, including the East Bank redevelopment and Oracle headquarters.

Description:

Ri Marketplace Online Auction March 23-25, 2026
Register to bid on Marketplace:

https://rimarketplace.com/auction/3028/reo-sale-crossings-at-madison-112-units?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=multifamily_2028

SVN and RI Marketplace are pleased to present Crossings of Madison, a 112-unit value-add multifamily offering located at 110 Archwood Place in Madison, Tennessee, within the high-growth Nashville MSA. This is a rare opportunity to acquire immediate scale at an attractive basis in a supply-constrained submarket experiencing sustained renter demand. Built in 1978, the property is currently operating at approximately 75% occupancy, providing investors with a clear and controllable path to near-term NOI growth through lease-up, improved management practices, and targeted capital improvements. Existing deferred maintenance creates a high-impact renovation opportunity, allowing a new owner to drive rent growth and operational efficiencies.

The community features a balanced mix of garden-style apartments and townhome units, supporting broad tenant demand and long-term occupancy stability. Its location near major employment centers and key growth drivers—including the East Bank redevelopment and the Oracle campus—positions the asset to benefit from continued population migration and sustained rental demand in North and East Nashville. Crossings of Madison represents a rare opportunity to acquire a scale-driven, value-add multifamily asset at an attractive basis in one of Nashville’s most rapidly evolving submarkets, offering multiple exit strategies through refinance or disposition upon stabilization.



John Roebuck
c/o Fisher Auction Company Inc.
License: 1702
TN Broker No. 00022430
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Documents: