Amazing opportunity to own your very own Nashville Airbnb STR approved complex! Bringing in approximate $168k in Gross income this property surely would make it a great DSCR loan , 1031 Exchange opportunity as well as a regular conventional play. Live in one and rent the other on your favorite short term rental platforms! Zoning is MUN-A and and approved for Airbnb Non owner occupant operations. Also individual units can be purchased separately as well as the package of all 6!!! Reach out for showings, they keep pretty book so be patient. Seller is really to look at any reasonable offers! More units amiable (6 total)the estimated gross revenue is $168,000 . Total expenses amount to 52k, which includes costs for utilities, cleaning, insurance, and property taxes. This results in an estimated net income of $115k after expenses. Please note, this figure does not account for property management fees or any applicable mortgage payments.
Listed By
Agency Name: Hive Nashville LLC
Agency Phone: 6155798474
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 916.67 per month $0.00 Principal & Interest $916.67 Property Tax $0.00 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 3,200+ 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.
540 Weakley Ave | MLS# 3067268
This multi-family property located at 540 Weakley Ave, Nashville, TN 37207 is currently listed for sale with an asking price of call for price. Search Nashville real estate on www.clhomes.com today.