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Nashville Commercial

The Morris Companies, LLC is a Full Service “one-stop shop” for all of your income producing real estate needs. For over five decades, The Morris family of companies has been representing and advising buyers and sellers on acquisitions and dispositions of multi-family developments, strip centers and multi-story office buildings. Our experienced brokers keep attuned to ever-changing market and submarket conditions through access to state of the art technology and financial analysis tools, including a myriad of invaluable CCIM commercial real estate analytical tools.  For over the 40 years, we have focused on investment real estate and maintained lasting relationships with a host of lenders, insurance companies, and private investors.  We participate extensively in industry networking activities, events and forums for communicating your ‘haves” and “wants” to help you find the best deals on commercial real estate investment opportunities, before they “hit the radar”.  In addition to our extensive database of buyers, sellers, and income producing properties, our relationships with our management and brokerage clients create a powerful synergy for finding and generating opportunities to match potential buyers with investment properties. We employ creative marketing strategies and the latest technology and tools to target qualified buyers of income producing properties. Through this web site and access to other targeted industry web sites, we gain exposure for client listings, focusing on the ultimate goal of achieving the greatest return on our clients' investments and help you maximize your profitability at disposition of income producing assets.

If you are an investor looking for excellent investment real estate opportunities, we will work with you to determine the optimum arena for your investment needs whether that be multifamily value added properties, Class A multifamily income producing properties, retail investment properties, single tenant retail investment properties, or office buildings offering cash flow to meet your investment goals.

If you are an income producing commercial real estate property owner approaching a disposition timeframe for any type of investment real estate, we can build a customized, aggressive targeted marketing program to blitz the potential buyer market and gain the appropriate market exposure for your commercial real estate asset.  This may be local or global in scope and we have the tools to promote your income producing property to any and all geographical markets.  Typically, we approach marketing our clients commercial investment real estate by following a proven plan of attack which includes top shelf graphic production of print marketing materials, networking your commercial real estate asset through digital and web based mediums including dedicated email blasts pushing professional HTML flyers to thousands of real estate brokers and investors in our in-house data bases, regular posting on over 50 specialized real estate opportunity networking websites, developing commercial property specific demographic and analytical reports, and even providing you with our in-house resources to create your investment real estate property a custom website (click here to see an example www.MorrisOfficeBuilding.com ).  Click here to see or download a PDF file outlining our typical steps for putting together your custom commercial real estate marketing plan (insert a link to the PDF here).

We would look forward to working with you and providing the Exceptional Personal Service that The Morris Companies has been providing its income producing real estate clients for over 40 years now.  Feel free to give our Principal Broker and Co-Owner Phil Dildine, CCIM  a call on his personal cell phone at 615-476-6738.C

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Relocate to Nashville 

The area has strengths in all facets of community life and well-being, including:

The Nashville region offers many advantages for relocation. The Morris Companies  Llc is dedicated to assisting and making your transition to the Nashville region as smooth as possible.

Nashville is a thriving community filled with risk-takers. The strong entrepreneurial spirit, coupled with the music and entertainment industries, ensures a vibrant "creative class" that helps make the Nashville region an exciting place to live, work and do business.

  • Low cost of living
  • Diverse, welcoming community
  • Unique, affordable residential areas
  • Abundant parks, waterways and recreational areas
  • Thriving cultural base
  • A national hub for health care
  • No personal income tax
  • Diverse higher education institutions
  • Seasonal climate

 

 
U.S. News & World Report ranked Nashville fifth on a top-10 list of most desirable cities to retire. To determine the ranking, the magazine examined more than 2,000 U.S. cities to find locales that have relatively low taxes but also offer amenities important to retirees, such as a reasonable cost of living and a variety of recreational and cultural offerings.
U.S. News & World Report, January 2009

 

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GREEN HOME

sustainability: exploiting natural resources while preserving ecological balance


Evidence of a growing trend toward green building design and sustainable living is springing up all over Nashville and the mid-state area.  Several new commercial, institutional, and multi-family developments are incorporating elements of eco construction, new homes are being constructed with sustainability principals, and even individual homeowners are making changes to their existing houses to ensure a more environmentally-conscious lifestyle.  Living greener isn’t just healthy for our planet; it’s good for our families and the communities they inhabit.  If that’s not convincing enough, green homes save money!

Most in the real estate profession agree, "If you're not thinking green now, you will eventually."  The Morris Companies is thinking green.   We help buyers make smart decisions when choosing a healthy and environmentally friendly home that only green building professionals and Eco-Brokers® can provide.  And, we guide sellers in marketing the green aspects of their property.

WHY GREEN?

Better For Our Earth

Of course, the obvious benefit of "going green" is the positive impact on our earth and the environment. It’s no secret our natural resources are being depleted at an unsustainable rate and it seems like anything we do these days is likely to leave a "carbon footprint." Green buildings are helping to relieve the demand on the ecosystem by utilizing renewable resources, recycled materials, energy-conserving appliances and green roofs.

Nashvillians are thinking green by incorporating environmentally-friendly features such as bamboo floors (made from sustainable supplies), low-toxicity paint (less harmful to the atmosphere) and recycled building materials (sometimes salvaged from razed local structures). These types of changes all add up, doing their part to reverse pollution and mitigate the destruction of the earth’s resources.

Save Money

The use of energy-conserving structural elements and appliances is good for the environment, as well as the bank account. Residents who live in green buildings and eco homes save on utility bills (sometimes more than 50%) and are often eligible for tax breaks or other government-backed incentives.

Because environmentally-friendly design is not the mainstream, the initial expense of building green or integrating green aspects into an existing house is perceived to be significantly higher than the standard construction cost.  But the actual added cost is approximately one to ten percent of construction cost, depending on the level of green certification.  In time those preliminary expenditures will pay for themselves, and then some.  The long-term savings in gas, electricity and water bills are substantial, not to mention, you’re helping out our Earth while doing so.

Statistics

According to the National Association of Home Builders…

  • Buyers would pay an average of $6,000 more for a new home to save $1,000 / year on energy costs
  • 91% prefer energy-efficient home with lower bills versus 2-3% cheaper home w/o energy-efficient features
  • 50 % choosing green features earned less than $75,000 / year
  • 30 % earned under $50,000
  • Seattle, WA
    • Green certified homes sell for 8.5% more per square foot than comparable non-green ones
    • Green homes sell 22% faster than non-certified homes
  • Portland, OR
  • Green-certified homes sold for 12% more than non-certified homes from May 2008 through April 2009
  • Atlanta, GA
  • Green certified homes sell closer to list price in less time than non-certified homes
  • In 2009, average green certified home sold in 80 days LESS than non-certified average
  • Portland, OR
  • Portland, OR

 

GREEN HOMES

(provide links to green homes for sale in middle TN)

 

GREEN COMMERCIAL

(provide links to green commercial and multi-family units for sale/lease in middle TN)

 

IT'S EASY BEING GREEN

http://greenliving.lifetips.com/

Healthy Home

Home energy conservation can save as much as forty percent a year on electric bill costs. Having a home that is energy efficient is healthy for the environment. If you are considering building a new home choose a home that is sun tempered super insulated. If you already own your home or are planning to buy an older home there are still ways you can practice home energy conservation. Since almost thirty-eight percent of a homes energy usage goes to heating, install some solar heat panels, or if that is not a possibility turn your thermostat down to sixty-five degrees. If that seems a bit cold to you then bundle up in blankets, wear sweaters or a house robe (just like Mom told you!) When you leave the house turn the thermostat back to fifty degrees. If you are on a set schedule it might be a good idea to purchase an automatic thermostat that will do this for you. Close off rooms that are not in use and be sure to close shades and curtains as soon as the sun begins to set. Clean or replace heating and air conditioning filters every other week. When winterizing your home be sure to caulk all leaks around windows or doors, seal holes where electrical wire, plumbing or duct work enter the house and replace old drafty windows with new ones. Teach children to turn lights or other electronic gadgets off when they leave a room and to take the time to make sure the water faucets are turned off when they finish with them. Home energy conservation should be everyone’s responsibility.

Energy usage on the rise making it more important than ever to find ways to save energy. Even if you have installed alternative energy options such as solar power or wind power it is still important to watch your energy usage so your purchase can be cost effective. Finding ways to save energy can be as simple as replacing all of the light bulbs in your home or office with newer energy efficient light bulbs. When you wash clothes, choose cold water, because over ninety percent of the energy a washer uses goes into heating the water. During warm, sunny weather hang your clothes out on a clothesline. Not only will you save money by not running a dryer and eliminate a source of indoor heat, but you will find that the sun whitens and brightens clothes as well as saves on wear and tear. After all, dryer lint is produced by the process of your garments wearing out. Turning your computer off when it is not in use can save money and greenhouse gas emissions. The simple act of turning lights, television sets, computers and other electronic devices off when they are not in use is one of the easiest ways to save energy.  Using fans, opening windows and lowering blinds is an easy way to lower your energy usage in the warm months. You can use several fans for a fraction of the amount of energy that one air conditioner uses. If you do use an air conditioner, take the time to maintenance it. Simple steps such as keeping leaves and debris away from the exterior condenser, keeping the condenser coils clean and replacing or cleaning the filter every other week can significantly reduce an air conditioner’s energy usage.

 

http://www.care2.com/greenliving/

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What is a 1031 Exchange?  

 

Internal Revenue Code Section 1031 permits the deferral of capital gains on the sale of property held for investment or productive use in a trade or a business

In a Forward Delayed Exchange, the most common type of Exchange, property is sold (Relinquished Property), and the proceeds are used to purchase another property (replacement Property) within certain timeframes. To qualify for safe harbor tax deferral, the sale proceeds must be held by a Qualified Intermediary between the sale of the Relinquished Property and the purchase of the Replacement Property.

A 1031 Exchange permits deferral of federal capital gains taxes (15%), depreciation recapture taxes (25%), and state taxes (generally 8% to 9% where applicable).

In the midst of an exchange, can Exchange funds be returned to the taxpayer? Yes, however, strict limitations exist. Pursuant to I.R.S Reg. 1.1.03(k)-1(g)(6), every 1031 exchange Agreement must include language limiting a taxpayer’s right to access exchange funds before a Replacement Property is not identified, Exchange funds can be returned on the 46th day. If Replacement Property is identified, the Exchange period ends when the last of the identified Replacement properties is purchased or on the 181st day, whichever happens first. Funds can be returned to the taxpayer thereafter.

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Nashville Real Estate

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Commercial Real Estate

For over the 40 years, we have focused on investment real estate and maintained lasting relationships with a host of lenders, insurance companies, and private investors.  We participate extensively in industry networking activities, events and forums for communicating your ‘haves” and “wants” to help you find the best deals on commercial real estate

Learn More

Real Estate News

Realty Times Real Estate News Channel
Real Estate News and Advice
Realty Times Real Estate News Channel
  • Fixed Mortgage Rates Hit Record Lows Again
    In Freddie Mac's results of its Primary Mortgage Market Survey®, average fixed mortgage rates again reached new record lows. The 30-year fixed-rate mortgage at 3.79 percent continues to remain well below 4 percent and 15-year fixed-rate mortgages are also slightly down at 3.04 percent.


  • Housing Market Bottoming Out? Renting Market Accelerating
    Are we really poised for a recovery in the housing market? The latest encouraging words from the U.S. Conference Board's Demand Institute Division are that we are heading for a rapidly accelerating rental market which will lead to a housing recovery.


  • Why Host an Open House?
    Open houses are not the best vehicles for selling homes. So why do Real Estate Agents bother with them? For the following reason: Open houses are a great means for prospecting.


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Britnie Turner
The Morris Companies, LLC


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