REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Jack Costigan • Parks Compass
$ 1,500,000
Est. payment | /mo
13 Beds
15 Baths
8,195 SqFt
$ 1,500,000
Est. payment | /mo
13 Beds
15 Baths
8,195 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 8,195 sqft
Price per Sqft $183
Subdivision Hope Gardens
MLS Listing ID 3035168
Bedrooms 13
Full Baths 15
Annual Tax Amount $4,819
Lot Size 4,791 Sqft
Property Sub-Type Single Family Residence
Property Description
Incredible investment opportunity in the heart of Nashville — a fully shovel-ready 4-unit, 13-bedroom, 15-bath development approved for NOO STR use and ready to break ground immediately. Perfectly located just 1.5 miles from Broadway and within walking distance of Bicentennial State Park, The Sounds Stadium, the Nashville Farmers Market, and Germantown's top restaurants.
All permits, stamped construction documents, and site plans are complete and included with the sale. The approved three-story design spans 8,195 sq. ft. with 38-person occupancy, maximizing short-term rental performance. Over $500,000 in prepaid materials and construction costs have already been covered — including metal framing, windows, doors, and utilities — giving the next owner a major head start.
Situated on a DTC-zoned 0.11-acre lot, this project offers unmatched flexibility to build and sell or build and hold as a high-yield STR portfolio. Once stabilized, it's projected to generate $550K–$600K+ in annual gross income. All approved drawings, title, survey, and MDHA/building permits (2021–2023) convey with the sale.
Prime location. Full approvals. Major head start. One of Nashville's most complete, ready-to-build STR opportunities.
All permits, stamped construction documents, and site plans are complete and included with the sale. The approved three-story design spans 8,195 sq. ft. with 38-person occupancy, maximizing short-term rental performance. Over $500,000 in prepaid materials and construction costs have already been covered — including metal framing, windows, doors, and utilities — giving the next owner a major head start.
Situated on a DTC-zoned 0.11-acre lot, this project offers unmatched flexibility to build and sell or build and hold as a high-yield STR portfolio. Once stabilized, it's projected to generate $550K–$600K+ in annual gross income. All approved drawings, title, survey, and MDHA/building permits (2021–2023) convey with the sale.
Prime location. Full approvals. Major head start. One of Nashville's most complete, ready-to-build STR opportunities.
Location
State TN
County Davidson County
Interior
Heating Central
Cooling Central Air
Flooring Other
Fireplace N
Appliance None
Exterior
Utilities Available Water Available
View Y/N false
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Other,Brick
New Construction true
Schools
Elementary Schools Jones Paideia Magnet
Middle Schools John Early Paideia Magnet
High Schools Pearl Cohn Magnet High School
GET MORE INFORMATION
Follow Us