Four high income producing NOO STR's
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Four high income producing NOO STR's
4 Flex Properties Offered at $3,400,000 in Nashville, TN
Investment Highlights
- Located near parks, restaurants, shopping, downtown
- Heavy daytime foot traffic
- High end finishes, open floor-plan
Executive Summary
1031 Exchange Opportunity. Four high income producing NOO STR's available for purchase in Nashville. The new owner will be purchasing the LLC in order to keep the STR Permits. Sale includes 211 N 9th St A-D. Proformas available. Est. 540k annual revenue. All 4 units have STR permits. Photos are of Unit C. Photos of Other units are linked below. Front two units have garages/driveway. Rear units have covered carport/driveway. All homes are professionally designed with high end modern amenities and finishes. Units are walkable to 5 Five points and all the vibrant shops and eateries East Nashville has to offer and less than 2.5 miles to Downtown. Proof of Funds required prior to showing.
Data Room Click Here to Access
- Offering Memorandum
- Third Party Reports
Taxes & Operating Expenses (Pro forma - 2024) |
Annual |
|---|---|
| Gross Rental Income |
$540,000
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$540,000
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$74,617
|
| Net Operating Income |
$465,383
|
Taxes & Operating Expenses (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $540,000 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $540,000 |
| Taxes | |
|---|---|
| Annual | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $74,617 |
| Net Operating Income | |
|---|---|
| Annual | $465,383 |
Property Facts
| Price | $3,400,000 | Status | Active |
| Price / SF | $328.00 / SF | Number of Properties | 4 |
| Sale Conditions | Individually For Sale | 0 | |
| Cap Rate | 13.69% | Total Building Size | 10,366 SF |
| Sale Type | Investment |
| Price | $3,400,000 |
| Price / SF | $328.00 / SF |
| Sale Conditions | |
| Cap Rate | 13.69% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 10,366 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 211 N 9th St, Nashville, TN 37206 | Flex Condo | 2,683 SF | 1963 | - |
| 211 N 9th St, Nashville, TN 37206 | Flex Condo | 2,500 SF | 1963 | - |
| 211 N 9th St, Nashville, TN 37206 | Flex Condo | 2,500 SF | 1963 | - |
| 211 N 9th St, Nashville, TN 37206 | Flex Condo | 2,683 SF | 1963 | - |
1 of 1
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Security System
- Ceiling Fans
- Crown Molding
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- Refrigerator
- Oven
- Tub/Shower
- Walk-In Closets
- Wi-Fi
- Coffee System
- Deck
- Dining Room
- Island Kitchen
- Mother-in-law Unit
-
Maria Recio -
Compass
Learn More About Investing in Apartment Buildings
1 of 34
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Four high income producing NOO STR's
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.