For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,200,000
Property Type Condo
Sub Type Other Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 2,220 sqft
Price per Sqft $540
Subdivision Axis27
MLS Listing ID 2439568
Sold Date 01/11/23
Bedrooms 4
Full Baths 4
HOA Fees $185/mo
HOA Y/N Yes
Year Built 2020
Annual Tax Amount $5,962
Lot Size 871 Sqft
Acres 0.02
Property Description
Highly desired, top performing MUL zoned short term rental. Property is permitted in an LLC currently - walk into instant cash flow. Annual Revenue numbers are in excess of $150K. Cap rate is just over 10%. 2 years of proven cash flow available. Calendar is already booking well into 2023. Buyer can keep all future reservations with 1 year contract with current management.
Location
State TN
County Davidson County
Rooms
Main Level Bedrooms 1
Interior
Interior Features Extra Closets, Smart Thermostat, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Finished Wood, Tile
Fireplace N
Appliance Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave
Exterior
Garage Spaces 2.0
Waterfront false
View Y/N true
View City
Parking Type Attached - Rear
Private Pool false
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Hardboard Siding, Brick
New Construction false
Schools
Elementary Schools Park Avenue Enhanced Option
Middle Schools Mc Kissack- Crewell Professional Development School
High Schools Pearl Cohn Magnet High School
Others
HOA Fee Include Exterior Maintenance, Maintenance Grounds, Trash
Senior Community false
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 Listings courtesy of RealTrac as distributed by MLS GRID. All Rights Reserved.
GET MORE INFORMATION