Multifamily property in Nashville, TN | $5,400,000, $343 / sq ft, Lot Dimensions 10,307

2500 White Ave

Nashville, TN 37204

$5,400,000

Area 15,750 sq ft
Bedrooms 8
Bathrooms 6
Stories: 3.00

Description

Located in the heart of Berry Hill, this Non Owner- Occupied ( NOO) Short Term Rental ( STR) townhome offers a prime location. It is walking distance to Geodis Park, only 2. 5 miles from Downtown, a little over 2 miles from the Gulch, and about a mile from 12 South. This 4bed 3. 5bath Airbnb features high end finishes throughout and comes fully furnished. The rooftop patio is a great spot for guests to hangout before a big event or unwind from a busy day out in Nashville. The unit was professionally designed and furnished making it a true turnkey opportunity & you can start generating revenue from day one. 2500 White Ave falls under Berry Hill' s commercial zoning making this property eligible for a NOOSTR Permit–no need to purchase an LLC to maintain the NOO STR permit. Unit C has closed at $ 995, 000. In 2022, the 7 units grossed a total of $ 692, 000. In 2023, the 7 units grossed a total of $ 590, 000. Over $ 136, 000 on the books for 2024.

Details

MLS#: 2629450
County: Davidson County, TN
Subd: Homes At 2500 White Avenue
Stories: 3.00
Full Baths: 6
Bedrooms: 8
Built: 2020 / EXIST

Utilities

Water: Public
Sewer: Public Sewer
Cooling: Central Air
Heating: Central

Public Schools

Elementary: Waverly- Belmont Elementary School
Middle/Junior: John Trotwood Moore Middle
High: Hillsboro Comp High School

Property Information

Constr: Fiber Cement
Floors: Finished Wood, Tile
Garage: 12 spaces / attached
Parking: 24 / Attached - Front, Parking Pad, Shared Driveway
Sale Includes: Appliances, Furniture
Taxes: $42,858

Directions

From downtown Nashville head South on 8th Ave, make a left onto Craighead St, then a right on White Avenue. 2500A White Avenue will be immediately on your left. It is a 7 home development.

Listing Agency

Crye-Leike, Realtors
Agent: Chris Fumia