532 Weakley Ave
Nashville, TN 37207
0 beds - 0 baths - 11,166.00 sqft - acres
MLS Updated 28 minutes ago - MLS #: 2611976
Active
$5,350,000.00
Est. Mortgage $25,821.50 - First on site 3 months ago
About
Music Row on the Cumberland is the premier NOO STR development in Nashville. All 6 units (18beds/18baths) are being sold together as an investment package, not individually (includes 532, 534, 536, 538, 540, 542 Weakley Ave). Located in the middle of Nashville's core growth while also within 10 minutes of Oracle's new campus and River North, the asset provides liquid cash flow along with extreme long term appreciation. Each unit has been improved over the past year with exciting themes (Johnny Cash House, Taylor Swift House, Dolly House, etc) that have proven to increase occupancy significantly. Entire package conveys fully furnished. Based on 2023 Actuals (attached), units are currently on a 6.9% CAP.
Property Info
Location Information
- Latitude: 36.1967007
- Longitude: -86.7822679
- Subdivision: Music Row on the Cumberland
- 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
Interior Features
- Bedroom 1 Dimensions:
- Bedroom 2 Dimensions:
- Bedroom 3 Dimensions:
- Bedroom 4 Dimensions:
- Interior:
- 1/2 Baths: 0
- Dining Room Description: ,
- Den: ,
- Living Room Description: ,
- Kitchen Description: ,
- Has Fireplace: NO
- Number of Fireplaces:
- Heating: Central,Electric
- Cooling: Central Air,Electric
- Floors: Finished Wood,Tile
- Appliances:
- Basement Description:
Exterior Features
- Style:
- Stories: 3
- Is New Construction: NO
- Construction: Fiber Cement,Wood Siding
- Exterior:
- Septic or Sewer: Public Sewer
- Water: Public
- Has Garage: YES
- Garage Spaces: 2
- Attached Garage: YES
- Fencing:
- Patio / Deck Description:
- Has a Pool: NO
- Pool Description:
- Lot Description:
- Lot Size in Acres:
- Waterfront: NO
School Info
- Elementary School: Alex Green Elementary
- Junior High School: Haynes Middle
- High School: Whites Creek High
Additional Information
- Property Type: Residential Income
- Property Sub Type:
- Year Built: 2019
- Tax Amount: $5,540.00
- Listing Office: House Haven Realty
- Listing Agent: Stephen Delahoussaye
Based on information submitted to the MLS GRID as of 2024-05-05T15:31:09+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information