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Listed by Steve Frye • simpliHOM
$ 6,500,000
Est. payment | /mo
14,568 SqFt
$ 6,500,000
Est. payment | /mo
14,568 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 14,568 sqft
Price per Sqft $446
MLS Listing ID 3298107
Year Built 2007
Property Sub-Type Mixed Use
Property Description
$500,000 in Earnings |10-Unit Turnkey Short-Term Rental | DOWNTOWN NASHVILLE! A rare opportunity to own a fully operational, income-producing short-term rental portfolio in one of Nashville's most desirable downtown-adjacent corridors walkable to the city's top attractions and zoned NOOSTR-permissible for continued STR use through purchase and transfer of the property LLC. This boutique 10-unit development generated over $500,000 in rental revenue in 2025, with each of the ten individually designed, three-story townhome-style units offering 2 bedrooms and 2.5 baths, sold fully furnished and ready to generate income from day one. Gated garage parking with secured access and private stairwells to each unit add a level of security and privacy that short-term guests and future buyers pay a premium for. The upside doesn't stop at cash flow. Properties of this type may qualify for significant bonus depreciation, potentially generating substantial first-year tax savings that could help offset a buyer's down payment (buyers should consult their tax advisor to evaluate eligibility and estimate potential benefit based on their specific situation). And for investors thinking beyond STR: these units are well suited to redesign and repositioning as individually sold or leased luxury condos, giving this asset a second exit strategy as the neighborhood continues to appreciate. Approximately 14,568 total square feet. Two parking spaces per unit. A rare blend of immediate income, tax efficiency, and long-term optionality in a west-side Nashville location that continues to command premium demand.
Location
State TN
County Davidson County
Zoning RM20
Interior
Fireplace N
Others
Special Listing Condition Standard
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