1005 12th Ave, S

TN, Nashville
$9,600,000 $10,200,000
  • Expired Status
  • 440 Days Off Market Sorry Charlie 🙁
  • Residential Income Property Type
  • 18386 Total Sqft $522/sqft
  • 2018 Year Built
Property Description

Successful turnkey operating Non-Owner Occupied (NOO) Short Term Rental (STR) Portfolio of EIGHT luxury row homes, less than a mile from 12 South, Belmont, the Gulch and Music Row. 3 different floorpans, all with 3+ bedrooms, 3.5 bathrooms, 2 car tandem garages, being sold as a package with fresh paint and new furniture throughout. $770,000 in rental income last year, $725,000+ on the books thus far for 2023. Spacious rooftop terraces, with a great view of the Nashville skyline, projector screens, fire pits and cafe lights. Each unit is decorated differently, maximizing the guest experience. This is an excellent opportunity to increase rental numbers and have a quickly appreciating asset.

Property Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • MLS #: 2564309
  • Price: $9,600,000
  • View: City
  • Square Footage: 18,386 Sqft
  • Year Built: 2018
  • Lot Area: 0.02 Acre
  • Office Name: Scout Realty
  • Agent Name: MacKenzie Strawn Hyde
  • Property Attached: Yes
  • Listing Status: Expired
Location Info
  • Street Number: 1005
  • Street: 12th Ave
  • City Nashville
  • State TN
  • Zipcode 37203
  • County Davidson County, TN
  • Subdivision Gulch
  • Zoning: RM-20
  • Directions: From the Gulch, 12th Ave S, cross over the highway and the buildings are just past South Street on the right. You must turn right on South Street and enter from the alley behind.
  • Street Dir Suffix: S
Features
  • Heating System Central
  • Cooling System Central Air
  • Parking Attached
  • Utilities Water Available
  • Flooring Tile, Finished Wood
  • Laundry Features Individual
  • Sewer Public Sewer
Schools
  • Elementary School: Waverly-Belmont Elementary School
  • Middle School: John Trotwood Moore Middle
  • High School: Hillsboro Comp High School
Additional Info
  • Water Source: Public
  • Attached Garage: Yes
  • Building Size: 18,386 Sqft
  • Construction Materials: Brick
  • Garage: 2 Spaces
  • Levels: One
  • Number Of Units Total: 8
  • On Market Date: August 29th, 2023
  • Previous Price: $10,200,000
  • Stories: 3
Financial
  • Annual Tax Amount: $9,055
Listing Data
  • Mls Status: Expired
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Apr 1st, 2024 @ 5:02am
  • Status Change Timestamp: Apr 1st, 2024 @ 5:00am
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