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CIC Tennessee

tennesseebroker@callitclosed.com +1(833) 242-7007

Listed by Grant Hammond, Broker, ABR, SRS, SFR, ePRO • Compass RE

$ 6,500,000

Est. payment -/mo

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Active

1020 Jefferson Street Nashville, TN 37208

11,410 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,410 sqft

Price per Sqft $569

Subdivision Alora Nashville

MLS Listing ID 3001755

HOA Fees $1,250/mo

HOA Y/N Yes

Year Built 2024

Annual Tax Amount $36,974

Property Description

BDG Partners is proud to present a rare portfolio of 5 fully operating short term rental residences within the acclaimed Alora development, one of Nashville's most desirable new destinations. Alora offers a boutique living experience with more than a dozen curated finish packages across the community, creating individuality and elevated design at every turn. Licensed non-owner occupied properties of this quality are increasingly limited, making this offering an exceptional opportunity for investors seeking scale, performance, and long term upside in a thriving market. Each residence is fully furnished and meticulously prepared for immediate operation. Layouts feature 4 bedrooms, 4.5 baths, and open living spaces finished with premium materials. Chef inspired kitchens include high efficiency appliances, gas ranges, and expansive quartz countertops. Private rooftops extend the living experience outdoors, offering either fire pits with sweeping views of downtown or covered terraces with televisions, grills, and stylish furnishings. These amenities elevate the guest experience, drive premium nightly rates, and create memorable stays that encourage repeat bookings. The Alora community is fully access controlled and ideally positioned 1.5 miles from Broadway's world famous honkytonks, minutes from Germantown's acclaimed restaurant scene, and just 1mile from Amazon and Oracle's East Bank headquarters. Centennial Park, Midtown nightlife, and Vanderbilt University are also nearby, ensuring consistent guest demand across multiple travel segments. Phase 2 of Alora will introduce a luxury resort style pool, a modern fitness center, and additional outdoor gathering areas, further enhancing guest appeal and strengthening long term value. Collectively the portfolio sleeps up to 60 guests and may qualify for 100% bonus depreciation with proper structuring. Immediate operational capacity, proven performance, and new amenities underway make Alora an incredibly compelling asset.

Location

State TN

County Davidson County

Zoning DTC

Interior

Heating Central, Dual

Cooling Central Air, Electric

Flooring Wood, Tile

Fireplace N

Exterior

Utilities Available Electricity Available, Water Available

Amenities Available Sidewalks

View Y/N true

View City

Roof Type Membrane

Private Pool false

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Fiber Cement,Frame

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 Maintenance Structure,Maintenance Grounds,Insurance,Trash

Senior Community false

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

CIC Tennessee

Broker | License ID: 231726

+1(833) 242-7007

CIC Tennessee

1020 Jefferson Street Nashville, TN 37208

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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