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The Lucy

6 Land Properties Offered at $23,900,000 in Nashville, TN

Investment Highlights

  • $90k+ in designer curated furnishings per townhome by Quinn + Co., making these turnkey
  • Rooftop fire pits and/or hot tubs with downtown views
  • Located in Nashville's most promising corridor!
  • 2 Car Garages
  • Maximize your investment with cost segregation + bonus depreciation opportunities
  • Minutes from Downtown Nashville

Executive Summary

Welcome to the most exceptional fully furnished short-term rental development opportunity on the market with high profit potential! This stunning 25 townhome development consisting of all brand- new 3 & 4-bedroom townhomes is truly a one-of-a-kind design, carefully crafted by Quinn & Co. No other development like it exists in the short-term rental market, offering an unmatched level of luxury and attention to detail. Every aspect of this development has been meticulously planned with over 12 unique selection packages curated throughout the community to create an unforgettable experience for guests. From the moment you step inside, you'll be immersed in the sophisticated design and premium finishes that make this short term rental stand apart. Every room is fully furnished, so you can close with ease—ready for immediate use! The private rooftops have either a hot tub or fire pit with sweeping downtown views + grills and outdoor relaxing furniture!
The Lucy is located in Nashville's most promising corridor- Dickerson Pike, where there is explosive growth currently happening all around! You are minutes from downtown and essentially East Nashville's back door. You have an ease to hop on interstates within minutes and drive times from anywhere on Dickerson Pike to the greater Nashville area are relatively low. From East Trinity / Dickerson Pike to Belle Meade is only 18 minutes, to the Nashville airport is only 12 minutes, and downtown is only 7 minutes. Minutes from the East Bank project, Oracle World HQ Campus and the new Titans stadium. There is continued promising growth to this area to maximize appreciation.
The Lucy presents a unique investment opportunity, offering 25 townhomes in one of Nashville’s most rapidly growing corridors. As a strategic financial asset, it stands out in the market with strong potential for both cash flow and long-term appreciation. With different rental opportunities and the added benefit of cost segregation for significant tax savings, investors can maximize their returns while tapping into the market. Don’t miss the chance to own a development in an area that continues to thrive and expand.

Property Facts

Price $23,900,000
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Cap Rate 8.77%
Sale Type Investment
Status Active
Number of Properties 6
Individually For Sale 0
Total Land Area 5.60 AC

Properties

Property Name / Address Property Type Land AC Land SF Individual Price
91 Lucile St, Nashville, TN 37207 Land 1.12 AC 48,787 SF -
93 Lucile St, Nashville, TN 37207 Land 1.12 AC 48,787 SF -
95 Lucile St, Nashville, TN 37207 Land 1.12 AC 48,787 SF -
97 Lucile St, Nashville, TN 37207 Land 1.12 AC 48,787 SF -
99 Lucile St, Nashville, TN 37207 Land 1.12 AC 48,787 SF -
103 Lucile St, Nashville, TN 37207 Land - - -
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  • Listing ID: 34267075

  • Date on Market: 12/21/2024

  • Last Updated:

  • Address: The Lucy, Nashville, TN

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