$ 5,300,000
532 Weakley Ave Nashville, TN 37207
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Listed by Michael Gomez • Hive Nashville LLC
$ 5,300,000
Est. payment /mo
Active
532 Weakley Ave Nashville, TN 37207
11,166 SqFt
UPDATED:
11/08/2024 06:01 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 11,166 sqft
Price per Sqft $474
MLS Listing ID 2757443
Year Built 2019
Lot Size 871 Sqft
Acres 0.02
Property Description
Incredible investment opportunity in Nashville: Own this turnkey Airbnb complex, STR-approved with MUN-A zoning for non-owner occupied operations, generating an estimated $500,000 in gross income annually. Perfect for DSCR loans, 1031 Exchanges, or conventional financing, this property allows you to live in one unit and rent the others on top short-term rental platforms. Estimated yearly net income is $363,716 after typical expenses (utilities, cleaning, insurance, and taxes), excluding management fees. Individual units are also available for purchase. The seller is open to reasonable offers?reach out for a showing, but please note the property stays heavily booked! Buyer to verify all details.
Location
State TN
County Davidson County
Zoning MUN A
Interior
Fireplace N
Exterior
Waterfront false
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