For Sale

Listed by Robert Young and Zach Raymond from PARKS

Source: Middle Tennessee Regional MLS #3150428

5/738 Douglas Avenue, Nashville-Davidson metropolitan government (balance), TN, 37207

$790,000

4
4
2
1931 sq. ft.

Other

30+ days on the market

What's around 5/738 Douglas Avenue

About this property

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.

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