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214 3rd Ave N 5 Unit Apartment Building $8,875,000 ($1,775,000/Unit) Nashville, TN 37201
INVESTMENT HIGHLIGHTS
- Situated just steps from Printers Alley, Broadway, Nissan Stadium, and other key downtown attractions.
- Rare opportunity to acquire a stabilized short-term rental property in a supply-constrained urban core.
- High quality renovation in turnkey condition; major capital improvements completed in 2010.
EXECUTIVE SUMMARY
Berkshire Hathaway, Woodmont Realty is pleased to exclusively offer the opportunity to acquire 214 3rd Avenue North, a fully renovated, turnkey short-term rental asset located in the heart of downtown Nashville, Tennessee.
Positioned in one of the most dynamic and high-demand submarkets in the Southeast, the property consists of approximately 11,740 square feet across four levels and includes five fully furnished and operational short-term rental units. The building underwent a comprehensive renovation in 2010, blending historic architectural elements with modern interiors and amenities.
This offering presents a rare opportunity to acquire a cash-flowing asset in one of the nation’s top-performing hospitality
and real estate markets.
Positioned in one of the most dynamic and high-demand submarkets in the Southeast, the property consists of approximately 11,740 square feet across four levels and includes five fully furnished and operational short-term rental units. The building underwent a comprehensive renovation in 2010, blending historic architectural elements with modern interiors and amenities.
This offering presents a rare opportunity to acquire a cash-flowing asset in one of the nation’s top-performing hospitality
and real estate markets.
PROPERTY FACTS
| Price | $8,875,000 | Building Class | B |
| Price Per Unit | $1,775,000 | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 11,740 SF |
| No. Units | 5 | Average Occupancy | 80% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/2010 |
| Apartment Style | Low-Rise | Cross Streets | Church St |
| Zoning | DTC - Commercial | ||
| Price | $8,875,000 |
| Price Per Unit | $1,775,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 11,740 SF |
| Average Occupancy | 80% |
| No. Stories | 5 |
| Year Built/Renovated | 1900/2010 |
| Cross Streets | Church St |
| Zoning | DTC - Commercial |
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Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (76)
PROPERTY TAXES
| Parcel Number | 093-02-3-174 | Improvements Assessment | $2,283,840 |
| Land Assessment | $329,560 | Total Assessment | $2,613,400 |
PROPERTY TAXES
Parcel Number
093-02-3-174
Land Assessment
$329,560
Improvements Assessment
$2,283,840
Total Assessment
$2,613,400
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214 3rd Ave N
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