4005 Indiana Ave

Nashville, TN 37209

beds - 0 baths - 0.00 sqft - 0.03 acres

MLS Updated 26 minutes ago - MLS #: 2757712

Active

$7,105,000.00

Est. Mortgage $34,291.92 - First on site 2 weeks ago

About

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.

Property Info

Location Information

  • Latitude: 36.1568734
  • Longitude: -86.8348274
  • Subdivision:
  • Directions: From Downtown, West down Charlotte Pk, Right (North) on 40th Ave N, Left (West) on Indiana Ave. Houses will be on your left (south side of street). Continue South down 41st Ave to see 4 more homes.

Interior Features

  • Bedroom 1 Dimensions:
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  • 1/2 Baths:
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  • Has Fireplace: NO
  • Number of Fireplaces:
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Exterior Features

  • Style:
  • Stories:
  • Is New Construction: NO
  • Construction:
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  • Has Garage: NO
  • Garage Spaces:
  • Attached Garage: NO
  • Fencing:
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  • Has a Pool: NO
  • Pool Description:
  • Lot Description:
  • Lot Size in Acres: 0.03
  • Waterfront: NO

School Info

  • Elementary School:
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Additional Information

  • Property Type: Commercial Sale
  • Property Sub Type: Mixed Use
  • Year Built: 2024
  • Tax Amount: $0.00
  • Listing Office: Parks Compass
  • Listing Agent: Grace Wagenman

Based on information submitted to the MLS GRID as of 2024-11-23T21:31:12+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