The story
- Basement
Three-property Nashville single-family rental portfolio offered at $1,100,000. Includes 2934 Harlin Drive, 2204 Hurdwood Drive, and 1801 Elizabeth Road, with approximately 3,447 total square feet of living space and 0.88 acres across three separate locations. Seller-reported annual rental income is $69,000. Annual listed expenses total $17,200: property taxes of $6,900, insurance of $3,400, and management fees of $6,900. Income after these expenses is $51,800, before maintenance, vacancy, capital expenditures, and other unlisted costs. Buyers should verify leases, collections, and all operating expenses. 2934 Harlin Drive: Approximately 711 sq ft, 2 bedrooms, 1 bathroom, and a 0.28-acre lot. Built in 1949; property report lists a screened porch and storage shed. 2204 Hurdwood Drive: Approximately 1,424 sq ft, 3 bedrooms, 2 bathrooms, and a 0.23-acre lot. Built in 1958; brick exterior and attached garage per property report. 1801 Elizabeth Road: Approximately 1,312 sq ft, 3 bedrooms, 1 bathroom, and a 0.37-acre lot. Built in 1930; property report lists covered patio and porch areas. Potential redevelopment opportunity: Seller estimates 6-8 total building sites across the three properties if existing homes are demolished. This estimate is unverified, is not supported by a zoning or feasibility study, and does not represent an approved lot count. Any redevelopment is subject to zoning, subdivision requirements, site conditions, utilities, and applicable approvals. An opportunity to acquire three rental homes together and evaluate potential future uses. Buyer to independently verify property details, square footage, acreage, condition, financials, zoning, and redevelopment feasibility. Information deemed reliable but not guaranteed.
