TN > Nashville > Buchanan Point
Nashville, TN 37208,916 Buchanan St apts 201 208
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Nashville, TN 37208,916 Buchanan St apts 201 208
Nashville, TN 37208,916 Buchanan St apts 201 208
Nashville, TN 37208,916 Buchanan St apts 201 208
Nashville, TN 37208,916 Buchanan St apts 201 208
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Haley Kaminsky

Haley Kaminsky

+1(702) 596-1808
Listed by Jonathan Minerick • homecoin.com
$ 3,595,000
Est. payment /mo
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916 Buchanan St apts 201 208 Nashville, TN 37208

4,484 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,484 sqft

Price per Sqft $801

Subdivision Buchanan Point

MLS Listing ID 2912203

HOA Fees $1,072/mo

HOA Y/N Yes

Year Built 2022

Annual Tax Amount $19,785

Property Description

Rare opportunity to acquire 8 active short-term rental units in one modern building, all on the same hallway for streamlined operations. Each 1 bed / 1 bath unit features a dedicated bedroom with en suite bathroom, an additional sleeper sofa in the living room, and its own deeded parking space. All units are fully furnished with high-end décor, linens, kitchenware, and supplies—truly turnkey. In 2024, these units generated $362K+ in revenue with ~63% average occupancy and 85%+ in peak months. Average nightly rate was $219. Estimated NOI: $279K (23% expense ratio incl. property taxes and ops). Cap rate approximately 8% at list price. 1,911 guests hosted across 1,856 filled nights with ~21% YoY revenue growth. Continued management available or easily self-managed. Ideal for investors seeking scale, cash flow, and operational efficiency in one of the country's strongest short-term rental markets. Possession negotiable.

Location

State TN

County Davidson County

Zoning CS

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Laminate

Fireplace N

Exterior

Utilities Available Water Available

View Y/N true

View City

Roof Type Membrane

Private Pool false

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Fiber Cement,Brick

New Construction false

Schools

Elementary Schools Jones Paideia Magnet

Middle Schools John Early Paideia Magnet

High Schools Pearl Cohn Magnet High School

Others

HOA Fee Include Exterior Maintenance,Maintenance Grounds,Insurance,Pest Control,Trash

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agent

Haley Kaminsky

Agent | License ID: 365246

+1(702) 596-1808

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