518 Weakley Ave, Nashville, TN 37207
Active $2,995,000
No Baths
-- Beds
10,728 SqFt
0 Acres
- RARE TURNKEY NASHVILLE STR PORTFOLIO — 4 HPRs | 8 RENTAL CONFIGURATIONS | 4 ACTIVE GRANDFATHERED NOO STR PERMITS. Exceptional opportunity to acquire 516, 518, 520 & 522 Weakley Ave as one fully furnished, income-producing portfolio just minutes from Downtown Nashville, Germantown, River North, Oracle/East Bank and Topgolf. Each three-story residence offers approximately 2,600 SF with 4 bedrooms, 4 full baths, private garage and rooftop deck. Unique floor plans include a separately accessed first-floor 1BR/1BA suite, allowing each HPR to operate as a full 4BR residence or as a 3BR/3BA main residence plus separate 1BR/1BA suite — providing up to 8 distinct rental configurations across the portfolio. Properties are currently operated as a combination of short-term and mid-term rentals and produced approximately $300,000 in gross rental revenue over the seller’s trailing 12-month period. Portfolio is fully furnished and ready for continued operation. Existing property-owning LLC holds four active non-owner-occupied STR permits grandfathered in RM20 zoning. Third-party professional management revenue projections are available upon request. Rare combination of real estate, operating income, STR permit scarcity and multiple rental strategies in one Nashville investment. Contact listing broker for financials, permit documentation, revenue projections and portfolio details.
- Year Built: 2021
- Air: Electric,Central Air
- Heat: Electric,Central
- Water: Public
- Sewer: Public Sewer
MLS#: 3601853
I'd love to show you this new construction home. — Jayden
Jayden Fortune,
Affiliate Broker, PARIS
731-535-4980
Jayden Fortune grew up in Weakley County and knows West Tennessee the way you learn a place when you've actually lived it. He came to Premier Realty Group straight out of college, where he earned an ...
Hi, I'm Jayden.
I'd love to walk you through this new construction home with garage. Let me know when works for you — I'll make it easy.