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1708 8th Avenue South

Nashville-Davidson metropolitan government (balance) TN 37203

4
5
2
2600 sq. ft.
0.02 ac.
Townhouse
Currently for sale - view listing

Overview

AMAZING Non-Owner Occupied Short Term Rental INVESTMENT OPPORTUNITY! Within a 7 minute straight-shot drive into Downtown Nashville, this unit is Designer Furnished and ready for continued Cash Flow. NOO Permit is in an LLC, and the townhome sits on a commercially zoned lot. Private rooftop decks, 2 car garage, fully turnkey & designed for optimal clickability & memorability with wallpaper, neon signs, etc. Current guests rave about the location, cheap Ubers, fun aesthetic, & ample space for groups of 12 to spread out. Within 10 mins of Broadway, 12 South, the Gulch, Vandy/Belmont, and only 15 mins from the Airport. Would be a great opportunity for those looking to make 1031 / tax purchases. Quickly appreciating asset with room for revenue growth. Will gain value over time as inventory drops and new permit limitations roll out. See attached Proformas. *There are 12 NOO STR units in all. Seller looking to diversify, & would consider selling all 12 units or groupings of units.

Features

4 bedrooms
5 bathrooms
2 carspaces
2 garage spaces
2600 sq. ft. floor area
0.02 ac. lot size
Townhouse

Happy sellers in Nashville-Davidson metropolitan government (balance)

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Local market activity for 4 bedroom townhouses in Nashville-Davidson metropolitan government (balance)

In the last 12 months, 2 four-bedroom townhouses similar to 1708 8th Avenue South, have been sold.

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