Courtesy of Hive Nashville LLC.
Property Description
Incredible investment opportunity in Nashville: Own this turnkey Airbnb complex, STR-approved with MUN-A zoning for non-owner occupied operations, generating an estimated $500,000 in gross income annually. Perfect for DSCR loans, 1031 Exchanges, or conventional financing, this property allows you to live in one unit and rent the others on top short-term rental platforms. Estimated yearly net income is $363,716 after typical expenses (utilities, cleaning, insurance, and taxes), excluding management fees. Individual units are also available for purchase. The seller is open to reasonable offers—reach out for a showing, but please note the property stays heavily booked! Buyer to verify all details.
Property Details and Features
- Appliances & Equipment
- Description: “Dishwasher”, “Disposal”, “Refrigerator”
- Basement
- Description: “Slab”
- Bathrooms
- Full Bathrooms: 3
- Half Bathrooms: 0
- Bedrooms
- Total Bathrooms: 3
- Main Level Bedrooms: 3
- Building
- Finished Area Above Grade: 1861
- Area: 1861
- Building Area: 1861
- Construction Materials: “Fiber Cement”, “Wood Siding”
- Levels: “One”
- Stories: 3
- Year Built: 2019
- Year Built Details: EXIST
- Cooling
- Details: “Central Air”, “Electric”
- Floors
- Flooring: “Finished Wood”, “Tile”
- Garage
- Garage Spaces: 2
- Heating
- Heating: “Central”, “Electric”
- Laundry
- Description: “Electric Dryer Hookup”, “Washer Hookup”
- Listing
- Days on Market: 7
- Listing Price: 899000
- Status: Active
- Location
- Address: 532 Weakley Ave
- City: Nashville
- State: TN
- Zip: 37207
- County: Davidson County, TN
- Subdivision: Homes At 1133 Baptist World Center
- Directions: From Downtown – I-65N/I-24W to Trinity Lane exit. End of ramp turn left then left onto Brick Church Pike, right on fern and then left on Weakley. OR from Jefferson St, left on WBC then right on Weakley. 6 units on the corner – 2 buidings
- Lot
- Acres: 0.02
- Size: 0.02
- Size Source: Calculated from Plat
- Size Units: Acres
- Parking
- Covered Spaces: 2
- Parking Total: 2
- Schools
- Elementary: Alex Green Elementary
- Middle/Junior High: Haynes Middle
- High School: Whites Creek High
- Utilities
- Sewer: “Public Sewer”
- Water Source: “Public”
- Utilities: “Electricity Available”, “Water Available”