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5/738 Douglas Avenue

Nashville-Davidson metropolitan government (balance) TN 37207

4
4
2
1931 sq. ft.
Other
Currently for sale - view listing

Overview

Calling all investors! Secure a high-performing Nashville asset at Highland Station. This 4-bedroom, 4-bathroom unit is a group-travel magnet designed for maximum ROI, comfortably sleeping 12 guests with a layout optimized for the premium short-term rental market. Sold fully furnished and turnkey, the interior features high-end decor, an expansive kitchen island, and a massive 4th-floor rooftop deck with a gas fireplace and skyline views. For the scaling investor, this unit offers the unique potential to be marketed as a dual-listing with other units in the development to capture large-scale wedding and corporate groups. The primary value driver of this offering is the LLC Transfer structure. In a market where Nashville’s Non-Owner Occupied (NOO) permits are strictly limited, this ensures the NOO-STR permit remains active and in good standing, bypassing the uncertainty of new applications and preserving the property’s most valuable legal status. Location is everything for Nashville travelers. This property is situated less than 2 miles from the new $2.1B Nissan Stadium and a sub-10-minute Uber ride from the neon lights of Lower Broadway. Guests enjoy immediate access to East Nashville’s vibrant dining scene and the downtown core, promoting high occupancy year-round. Immediate cash flow is guaranteed, as future bookings will convey to the new owner. This is a "Day 1" revenue-generating business in the direct path of Nashville’s massive urban progress. Inquire today for Trailing 12-Month (TTM) revenue data and P&L statements.

Features

4 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
1931 sq. ft. floor area
Other

Property history for 5/738 Douglas Avenue

2024
Sold
Undisclosed
12 Apr 2024 by Laura Dziagwa, of PARKS
2021
Sold
$645,000
30 Nov 2021 by Grantland (Grant) Hammond, of Metropolitan Brokers

Happy sellers in Nashville-Davidson metropolitan government (balance)

85%
85% of sellers in Nashville-Davidson metropolitan government (balance) reported that their sale price either exceeded or met their price expectations.

Nashville-Davidson metropolitan government (balance) stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Nashville-Davidson metropolitan government (balance) over the last 12 months.

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

In the last 12 months, 59 four-bedroom other properties similar to 5/738 Douglas Avenue, have been sold.

This represents a 40% decrease in four-bedroom other properties sales when compared to the previous 12 months.

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