532 Weakley Ave

Nashville, TN 37207
$5,350,000
  • Area 11,166 sq ft
  • Bedrooms 12
  • Bathrooms 12
  • Stories: 3.00

Description

Music Row on the Cumberland is the premier NOO STR development in Nashville. All 6 units ( 18beds/ 18baths) are being sold together as an investment package, not individually ( includes 532, 534, 536, 538, 540, 542 Weakley Ave) . Located in the middle of Nashville' s core growth while also within 10 minutes of Oracle' s new campus and River North, the asset provides liquid cash flow along with extreme long term appreciation. Each unit has been improved over the past year with exciting themes ( Johnny Cash House, Taylor Swift House, Dolly House, etc) that have proven to increase occupancy significantly. Entire package conveys fully furnished. Based on 2023 Actuals ( attached) , units are currently on a 6. 9% CAP.

Details

  • MLS#: 2611976
  • County: Davidson County, TN
  • Subd: Music Row on the Cumberland
  • Stories: 3.00
  • Full Baths: 12
  • Bedrooms: 12
  • Built: 2019 / EXIST

Utilities

  • Water: Public
  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Heating: Central, Electric

Public Schools

  • Elementary: Alex Green Elementary
  • Middle/Junior: Haynes Middle
  • High: Whites Creek High

Property Information

  • Constr: Fiber Cement, Wood Siding
  • Floors: Finished Wood, Tile
  • Garage: 2 spaces / attached
  • Parking: 2 / Attached - Rear
  • Sale Includes: Appliances, Furniture
  • Taxes: $5,540

Directions

From Downtown - I-65N/I-24W to Trinity Lane exit. End of ramp turn left then left onto Brick Church Pike, right on fern and then left on Weakley. OR from Jefferson St, left on WBC then right on Weakley. 6 units on the corner - 2 buidings

Listing Agency

  • House Haven Realty
  • Agent: Stephen Delahoussaye
Information is Believed To Be Accurate But Not Guaranteed
Copyright 2024 RealTracs Solutions. All rights reserved.