Active

4005 Indiana Ave

Nashville TN, 37209

$7,105,000


$511.15 per sqft

Active

13,900 sqft

Commercial

Built in 2024

Package of thoughtfully designed, commercially-zoned and successfully operating non-owner occupied short-term rental properties. This package includes seven currently operating NOO STRs, one NOO STR eligible purpose built new build, and two NOO STR eligible attached HPRs to be built. These properties are crafted for maximum profitability, featuring durable yet stylish finishes, and an ideal location in the heart of one of Nashville's fastest-growing neighborhoods. The Nations/Charlotte Ave area is booming with new developments, including a new Publix, Toll Brothers, LIV Development, CA South, and more just minutes away. 8 minutes by Uber to Broadway and 5 minutes to Midtown, this prime location attracts both short-term renters and long-term investors. Located in an Opportunity Zone and zoned OR20, this property is a fantastic 1031 Exchange opportunity and may qualify for accelerated depreciation in the first year of ownership. Detailed pro formas are available upon request--don't miss out on this incredible investment opportunity! Fully furnished and operating--seller is willing to help buyer with NOO STR permitting process to minimize downtime after closing. If buyer keeps property with current management, Airbnb/VRBO reviews and ratings will stay. (NOO STR Airbnb/VRBO) Can be sold as a package including any of the following: 4024 Delaware Ave, 4026 Delaware Ave, 4005A&B Indiana Ave, 4007B Indiana Ave, 4009B Indiana Ave, 600A&B 41st Ave N, 606A&B 41st Ave N. All listed separately as residential listings.

2757712

MLS ID

November 8, 2024

Listed

November 22, 2024

Updated

Map

4005 Indiana Ave
Nashville TN, 37209

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.03 Acres

Other Property Details

Days on Market

6


Garage

No


Parking Total

0


View

No


County

Davidson County, TN


Pool

No


Zoning

OR20

Listed by Grace Wagenman, Parks Compass

 

Based on information submitted to the MLS GRID by Middle Tennessee Regional Multiple Listing Service as of 11/22/2024, 8:33 AM UTC. All data is obtained from various sources and may not have been verified by the 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.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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