Description
Incredible investment opportunity in the heart of Nashville a fully shovel-ready 4-unit, 13-bedroom, 15-bath development approved for NOO STR use and ready to break ground immediately. Perfectly located just 1.5 miles from Broadway and within walking distance of Bicentennial State Park, The Sounds Stadium, the Nashville Farmers Market, and Germantown's top restaurants. All permits, stamped construction documents, and site plans are complete and included with the sale. The approved three-story design spans 8,195 sq. ft. with 38-person occupancy, maximizing short-term rental performance. Over $500,000 in prepaid materials and construction costs have already been covered including metal framing, windows, doors, and utilities giving the next owner a major head start. Situated on a DTC-zoned 0.11-acre lot, this project offers unmatched flexibility to build and sell or build and hold as a high-yield STR portfolio. Once stabilized, it's projected to generate $550K$600K+ in annual gross income. All approved drawings, title, survey, and MDHA/building permits (20212023) convey with the sale. Prime location. Full approvals. Major head start. One of Nashville's most complete, ready-to-build STR opportunities.
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13BEDS
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0.11ACRES
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15BATHS
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01/2 BATHS
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8,195SQFT
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$183$/SQFT
School Information
Description
Incredible investment opportunity in the heart of Nashville a fully shovel-ready 4-unit, 13-bedroom, 15-bath development approved for NOO STR use and ready to break ground immediately. Perfectly located just 1.5 miles from Broadway and within walking distance of Bicentennial State Park, The Sounds Stadium, the Nashville Farmers Market, and Germantown's top restaurants. All permits, stamped construction documents, and site plans are complete and included with the sale. The approved three-story design spans 8,195 sq. ft. with 38-person occupancy, maximizing short-term rental performance. Over $500,000 in prepaid materials and construction costs have already been covered including metal framing, windows, doors, and utilities giving the next owner a major head start. Situated on a DTC-zoned 0.11-acre lot, this project offers unmatched flexibility to build and sell or build and hold as a high-yield STR portfolio. Once stabilized, it's projected to generate $550K$600K+ in annual gross income. All approved drawings, title, survey, and MDHA/building permits (20212023) convey with the sale. Prime location. Full approvals. Major head start. One of Nashville's most complete, ready-to-build STR opportunities.
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