Rare opportunity to acquire two professionally managed 1bed/1bath STR condominium units located directly across the hall from one another on the same private entire Airbnb floor within a mixed-use building in one of Nashville's fastest-growing urban corridors. This unique configuration allows investors to maximize booking flexibility by offering each fully furnished one-bedroom residence individually (sleeping up to four guests each)…
The Story
916 buchanan st 206 205
Rare opportunity to acquire two professionally managed 1bed/1bath STR condominium units located directly across the hall from one another on the same private entire Airbnb floor within a mixed-use building in one of Nashville's fastest-growing urban corridors. This unique configuration allows investors to maximize booking flexibility by offering each fully furnished one-bedroom residence individually (sleeping up to four guests each) or marketing both units together as a combined accommodation for groups of up to eight guests, creating multiple revenue strategies while maintaining independent operations when desired. The portfolio includes Units 205 and 206, each 1bed/1bath apartments directly across the hall from each other. Positioned between Germantown and the Buchanan Arts District, these turnkey units are within walking distance of restaurants, coffee shops, breweries, retail, and Downtown Nashville. Professionally designed, fully furnished, and actively operating as successful short-term rentals, the units offer immediate income potential with established management systems already in place. The seller may also consider individual unit sales, additional multi-unit package purchases, or acquisition of the entire 8-unit second-floor STR portfolio, providing investors with multiple acquisition strategies to fit their investment goals. $5,000 is the annual taxes for BOTH 1bed/1bath apartments, $262 is the monthly HOA fee for BOTH apartments. $103k gross annual income for both apartments. Each apartment is 1bed/1bath and sleeps up to 4. The total sqft of both apartments combined is 1,121. All furnishings and Airbnb operations to convey with the sale.
Facts & Features
Property Info
Price
$900,000
Completion Year
2,018
Living Space
1,121 sq ft
Floors
2
Bedrooms
2
Bathrooms
2
Features & Amenities
Central Cooling
Stay comfortable year-round with efficient climate control.
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