Description
Jefferson Flats provides a unique and attractive investment opportunity to acquire a renovated 12-unit short-term rental (STR) development that is commercially zoned in the booming Nashville market. There won't be another opportunity to buy a similar property at this price anytime soon. Distance from Downtown Nashville is 2 miles, making this a rare find for a Commercial/Multi-Family option. Property is zoned (CN) and eligible to be utilized as a Non-Owner Occupied Short Term Rental (NOO STR), Long Term Rental or possibly a Boutique Hotel development. Asking price is equivalent to $250k per 2 bedroom unit which is less than 1/2 of what a competing 2 bdrm NOO STR in Nashville sells for. Please see the attached OM for more information on the property and financials.
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0BEDS
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0.21ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Jefferson Flats provides a unique and attractive investment opportunity to acquire a renovated 12-unit short-term rental (STR) development that is commercially zoned in the booming Nashville market. There won't be another opportunity to buy a similar property at this price anytime soon. Distance from Downtown Nashville is 2 miles, making this a rare find for a Commercial/Multi-Family option. Property is zoned (CN) and eligible to be utilized as a Non-Owner Occupied Short Term Rental (NOO STR), Long Term Rental or possibly a Boutique Hotel development. Asking price is equivalent to $250k per 2 bedroom unit which is less than 1/2 of what a competing 2 bdrm NOO STR in Nashville sells for. Please see the attached OM for more information on the property and financials.
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