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Fern Avenue Portfolio 1 Multifamily Properties Offered at $4,700,000 in Nashville, TN
Investment Highlights
- Rare Four-Property Short-Term Rental Portfolio
- Grandfathered NOO STR Permits
- Prime East Bank Redevelopment Location
- Adjacent Five-Bedroom Residences
- Fully Furnished, Turnkey Investment
- Strong Income With Long-Term Appreciation Potential
Executive Summary
Berkshire Hathaway, Woodmont Realty is pleased to exclusively present the Fern Avenue Portfolio, a rare opportunity to acquire four adjacent, professionally managed short-term rental properties in the heart of Nashville’s rapidly transforming East Bank corridor.
Positioned just minutes from Downtown Nashville and within walking distance of the future pedestrian bridge connecting to Germantown, the portfolio sits at the center of one of the city’s most significant redevelopment initiatives. Anchored by Oracle’s new corporate campus, the new Nissan Stadium, the future Tennessee Performing Arts Center, and billions of dollars in public and private investment, the East Bank is poised to become Nashville’s next premier live-work-play destination.
The portfolio consists of four fully furnished five-bedroom residences operating as established short-term rentals with grandfathered non-owner occupied STR permits. Buyers have the opportunity to preserve the existing permits through acquisition of the current LLC ownership structure, allowing for a seamless operational transition while capitalizing on both immediate income potential and long-term appreciation in one
of Nashville’s most dynamic growth markets.
Available individually or as a four-property portfolio, the Fern Avenue Portfolio offers investors a unique combination of operational stability, flexibility, and exceptional location within the path of Nashville’s continued expansion
Positioned just minutes from Downtown Nashville and within walking distance of the future pedestrian bridge connecting to Germantown, the portfolio sits at the center of one of the city’s most significant redevelopment initiatives. Anchored by Oracle’s new corporate campus, the new Nissan Stadium, the future Tennessee Performing Arts Center, and billions of dollars in public and private investment, the East Bank is poised to become Nashville’s next premier live-work-play destination.
The portfolio consists of four fully furnished five-bedroom residences operating as established short-term rentals with grandfathered non-owner occupied STR permits. Buyers have the opportunity to preserve the existing permits through acquisition of the current LLC ownership structure, allowing for a seamless operational transition while capitalizing on both immediate income potential and long-term appreciation in one
of Nashville’s most dynamic growth markets.
Available individually or as a four-property portfolio, the Fern Avenue Portfolio offers investors a unique combination of operational stability, flexibility, and exceptional location within the path of Nashville’s continued expansion
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $4,700,000 | Status | Active |
| Price / SF | $1,718 / SF | Number of Properties | 4 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 2,735 SF |
| Price | $4,700,000 |
| Price / SF | $1,718 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 2,735 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 20B Fern Ave, Nashville, TN 37207 | Multifamily | 2,735 SF | 2019 | - |
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