Back 509 27th Ave N
Off Market

509 27th Ave N

Nashville-Davidson metropolitan government (balance) TN 37209

4
4
2
2220 sq. ft.
0.02 ac.
Condo
Last sold for $1,200,000
John WhiteJohn White, last sold this property on 11 January 2023 after 117 days on market.

Overview

Highly desired, top performing MUL zoned short term rental. Property is permitted in an LLC currently - walk into instant cash flow. Annual Revenue numbers are in excess of $150K. Cap rate is just over 10%. 2 years of proven cash flow available. Calendar is already booking well into 2023. Buyer can keep all future reservations with 1 year contract with current management.

Features

4 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
2220 sq. ft. floor area
0.02 ac. lot size
Condo

Estimated Value

We need at least 3 similar 4 bedroom condos sold in Nashville-Davidson metropolitan government (balance) over the last 12 months.

Property history for 509 27th Ave N

2023
Sold
$1,200,000
11 Jan 2023 by John White, of Engel & Voelkers Nashville
2021
Sold
$699,598
15 Mar 2021 by Becca Cunningham, of Red Seal Realty

Happy sellers in Nashville-Davidson metropolitan government (balance)

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

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