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.
Listed By
Agency Name: Adaro Realty
Agency Phone: 6153761688
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 7,346.72 per month $6,443.01 Principal & Interest $59.33 Property Tax $844.38 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
If the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
518 Weakley Ave | MLS# 3601853
This multi-family property located at 518 Weakley Ave , Nashville, TN 37207 is currently listed for sale with an asking price of $2,895,000. Search Nashville real estate on www.clhomes.com today.