Description
**1 YEAR OF HOA FEES PAID WITH LIST PRICE PURCHASE** Turnkey short-term rental in the heart of downtown Nashville. This fully furnished 2 BR, 2BA condo at the Hyve STR development offers a proven track record of strong returns, with 2024 gross revenue of $120,000 & pacing for $115,000 in 2025. Located just blocks from Broadway Ave, The Gulch & Nashville's top dining, nightlife, & entertainment, this condo is ideally positioned to capture steady demand from both leisure & business travelers. The condo features modern finishes, open-concept living, and a bright, stylish interior that appeals to guests. With 14 windows, natural light floods this spacious condo. Thoughtfully designed with comfort & function in mind, the unit includes a large kitchen with quartz countertops & SS appliances, in-unit laundry room, & two bedrooms each with a queen & twin bunk bed, so up to 8 guests can all sleep comfortably on mattresses (no sofa bed requirement for guests). The private wraparound balcony provides an added bonus for guests. Unit 201 is located on the same floor as all the main building amenities, including full gym with free and machine weights, Pelotons and treadmills, pool area with outdoor kitchen, ping pong and fire pits, and a modern indoor lounge for guests to hang out or get some work done while in town. As a short-term rental investment, this property offers exceptional convenience: it is fully operational with strong reviews and a consistent revenue stream. Buyers can also benefit from current tax advantages, including the ability to utilize 100% bonus depreciation in 2025, a powerful tool to offset taxable income and enhance overall returns. Building amenities and security features add further guest appeal, while the central location ensures strong year-round occupancy. Whether looking to expand an STR portfolio or secure a high-performing Nashville property, this condo represents an excellent opportunity. Owner/Agent
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2BEDS
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0.03ACRES
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2BATHS
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01/2 BATHS
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1,491SQFT
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$640$/SQFT
School Information
Description
**1 YEAR OF HOA FEES PAID WITH LIST PRICE PURCHASE** Turnkey short-term rental in the heart of downtown Nashville. This fully furnished 2 BR, 2BA condo at the Hyve STR development offers a proven track record of strong returns, with 2024 gross revenue of $120,000 & pacing for $115,000 in 2025. Located just blocks from Broadway Ave, The Gulch & Nashville's top dining, nightlife, & entertainment, this condo is ideally positioned to capture steady demand from both leisure & business travelers. The condo features modern finishes, open-concept living, and a bright, stylish interior that appeals to guests. With 14 windows, natural light floods this spacious condo. Thoughtfully designed with comfort & function in mind, the unit includes a large kitchen with quartz countertops & SS appliances, in-unit laundry room, & two bedrooms each with a queen & twin bunk bed, so up to 8 guests can all sleep comfortably on mattresses (no sofa bed requirement for guests). The private wraparound balcony provides an added bonus for guests. Unit 201 is located on the same floor as all the main building amenities, including full gym with free and machine weights, Pelotons and treadmills, pool area with outdoor kitchen, ping pong and fire pits, and a modern indoor lounge for guests to hang out or get some work done while in town. As a short-term rental investment, this property offers exceptional convenience: it is fully operational with strong reviews and a consistent revenue stream. Buyers can also benefit from current tax advantages, including the ability to utilize 100% bonus depreciation in 2025, a powerful tool to offset taxable income and enhance overall returns. Building amenities and security features add further guest appeal, while the central location ensures strong year-round occupancy. Whether looking to expand an STR portfolio or secure a high-performing Nashville property, this condo represents an excellent opportunity. Owner/Agent
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