1708 8th Ave S
Nashville, TN 37203
- 4 beds
- 5 baths
- 2,600 sqft
- 871 sqft lot
- $422 per sqft
- 2019 build
- – on site
AMAZING Non-Owner Occupied Short Term Rental INVESTMENT OPPORTUNITY! Within a 7 minute straight-shot drive into Downtown Nashville, this unit is Designer Furnished and ready for continued Cash Flow. NOO Permit is in an LLC, and the townhome sits on a commercially zoned lot. Private rooftop decks, 2 car garage, fully turnkey & designed for optimal clickability & memorability with wallpaper, neon signs, etc. Current guests rave about the location, cheap Ubers, fun aesthetic, & ample space for groups of 12 to spread out. Within 10 mins of Broadway, 12 South, the Gulch, Vandy/Belmont, and only 15 mins from the Airport. Would be a great opportunity for those looking to make 1031 / tax purchases. Quickly appreciating asset with room for revenue growth. Will gain value over time as inventory drops and new permit limitations roll out. See attached Proformas. *There are 12 NOO STR units in all. Seller looking to diversify, & would consider selling all 12 units or groupings of units.
Listing courtesy of REALTRACS / Compass RE
Last checked:
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Last updated Feb 5, 2024
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MLS# 2599393 —
Monthly cost estimate
Asking price
$1,099,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,884
|
Taxes | $807 |
Insurance | $302 |
HOA fees | $130 |
Utilities | $153 See report |
Total | $7,276/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/3/24
Feb 3, 2024
|
Price Changed | REALTRACS | $1,099,000 | -0.1% |
1/11/24
Jan 11, 2024
|
Listed / Active | REALTRACS | $1,100,000 | |
12/6/23
Dec 6, 2023
|
Coming Soon | REALTRACS | $1,100,000 |