532 Weakley Ave Nashville TN - MLS #2611976

(615) 301-1650: MLS #2611976 Official listing information! Music Row on the Cumberland neighborhood - 532 Weakley Ave located in Nashville TN 37207, priced at $5350000, with 0 bedrooms.

532 Weakley Ave Nashville TN - MLS #2611976 Close
Page Summary

$5,350,000 532 Weakley Ave, Nashville TN 37207
For Sale

  • 11,166 SqFt
  • $479.13 / SqFt
  • MLS #: 2611976

for sale in Nashville, TN at 532 Weakley Ave. This is priced at $479/sqft.

$5,350,000 532 Weakley Ave, Nashville TN 37207
For Sale

  • 11,166 SqFt
  • $479.13 / SqFt
  • MLS #: 2611976

Description of 532 Weakley Ave, Nashville

Music Row on the Cumberland is the premier NOO STR development in Nashville. All 6 units (18beds/18baths) are being sold together as an investment package, not individually (includes 532, 534, 536, 538, 540, 542 Weakley Ave). Located in the middle of Nashville's core growth while also within 10 minutes of Oracle's new campus and River North, the asset provides liquid cash flow along with extreme long term appreciation. Each unit has been improved over the past year with exciting themes (Johnny Cash House, Taylor Swift House, Dolly House, etc) that have proven to increase occupancy significantly. Entire package conveys fully furnished. Based on 2023 Actuals (attached), units are currently on a 6.9% CAP.

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Essential Information

  • MLS® #2611976
  • Price$5,350,000
  • Bathrooms0.00
  • Square Footage11,166
  • Acres0.00
  • Year Built2019
  • TypeMulti Family
  • Sub-Type5+ Units
  • StatusFor Sale

Financials

  • Price$5,350,000
  • Tax Amount$5,540
  • Water Paid ByOwner
  • Gas Paid ByN
  • Electric Paid ByN
  • ZoningMUN - A

Community Information

Amenities

  • Parking Spaces2
  • # of Garages2
  • GaragesAttached - Rear
  • SewerPublic Sewer
  • Water SourcePublic

Utilities

Electricity Available, Water Available

Interior

  • HeatingCentral, Electric
  • CoolingCentral Air, Electric
  • # of Stories3
  • Cooling SourceCentral Air, Electric
  • Heating SourceCentral, Electric
  • Drapes RemainN
  • FloorFinished Wood, Tile

Exterior

  • ConstructionFiber Cement, Wood Siding

School Information

Additional Information

  • Date ListedJanuary 23rd, 2024
  • Days on Market95
  • ZoningMUN - A
  • Is AuctionN

Listing Details

  • Listing Office:House Haven Realty
  • Contact Info:6156049785

Property Location for 532 Weakley Ave, Nashville

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of RealTracs Solutions. Real estate listings held by brokerage firms other than The Ashton Real Estate Group of RE/MAX Advantage are marked with the Internet Data Exchange Program logo or thumbnail logo and detailed information about them includes the name of the listing brokers.

Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on April 27th, 2024 at 6:39pm CDT.

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Gary Ashton
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