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374 Herron Dr , #8

Nashville, TN 37210
  • $3,350,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: RTC2585494
UPDATED: 44 min ago
$3,350,000
  • 11
    BEDS
  • 0.02
    ACRES
  • 11
    BATHS
  • 0
    1/2 BATHS
  • 7,315
    SQFT
  • $458
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
2018
County:

School Information

Elementary School:
High School:

Description

This sale includes a six unit portfolio of short-term rental townhome units in the Alloy 10/10 development on Technology Hill, just two miles south of Downtown, & 2/3 mile from Geodis Park. Units included in this purchase are 374-3 Herron Dr., 374-8 Herron Dr., 374-9 Herron Dr., 374-10 Herron Dr., 374-11 Herron Dr. & 376-5 Herron Dr., which is 30% of the 20 STR units here. All are being sold together only. Buyer has option to purchase the LLC that makes up the six units, so existing STR permits & short-term rental marketing channels like Airbnb, VRBO & Booking, and their years-long review history can transfer to the buyer with this purchase. Totals for this portfolio purchase are 11BR, 11BA and 7,315sf. 8% gross yield at current rent revenues & a lot of value-add room for the buyer to bring the it to over 10%. Since these are six active STR units, there will be no interior showings until an offer is accepted. Please write up offers to include a walkthrough contingency.

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Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (Chamberlain Realty, 615-757-3627). IDX information © 2023 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or Chamberlain Realty. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-12-10T14:05:43.12.

Based on information submitted to the MLS GRID as of 2023-12-10T14:05:43.12. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.allaboutnashville.com/homes/144758910
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374 Herron Dr , #8 Nashville, TN 37210

  • Price: $3,350,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 44 min ago
  • MLS #: RTC2585494
11
Beds
11
Baths
0
½ Baths
0.02
Acres
7,315
SQFT
$458
$/SQFT
2018
Built
Neighborhood:
Bongo
County:
Davidson
Elementary School:
John B. Whitsitt Elementary
Middle School:
Cameron College Preparatory
High School:
Glencliff High School
Property Description
This sale includes a six unit portfolio of short-term rental townhome units in the Alloy 10/10 development on Technology Hill, just two miles south of Downtown, & 2/3 mile from Geodis Park. Units included in this purchase are 374-3 Herron Dr., 374-8 Herron Dr., 374-9 Herron Dr., 374-10 Herron Dr., 374-11 Herron Dr. & 376-5 Herron Dr., which is 30% of the 20 STR units here. All are being sold together only. Buyer has option to purchase the LLC that makes up the six units, so existing STR permits & short-term rental marketing channels like Airbnb, VRBO & Booking, and their years-long review history can transfer to the buyer with this purchase. Totals for this portfolio purchase are 11BR, 11BA and 7,315sf. 8% gross yield at current rent revenues & a lot of value-add room for the buyer to bring the it to over 10%. Since these are six active STR units, there will be no interior showings until an offer is accepted. Please write up offers to include a walkthrough contingency.
Exterior Features

Architectural Style Contemporary Attached Garage YN No Carport YN No Construction Materials Other Covered Spaces 0 Exterior Features Smart Lock(s) Garage YN No Levels Three Or More Lot Features Level Parking Features Parking Lot Parking Total 0 Patio And Porch Features Deck Roof Membrane View YN No Waterfront YN No

Interior Features

Above Grade Finished Area 7315 Appliances DishwasherDisposalDryerMicrowaveRefrigeratorWasher Basement Other Cooling Central AirElectric Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Concrete Heating CentralElectric Heating YN Yes Interior Features Ceiling Fan(s) Main Level Bedrooms 6 Rooms Bedroom 1 (21x16 Suite) Bedroom 2 (11x9 Extra Large Closet) Living Room (21x18 Combination)

Property Features

Association Fee 193 Association Fee Frequency Monthly Association Fee Includes Exterior MaintenanceMaintenance Grounds Association YN Yes Building Area Total 7315 Common Interest Condominium Lot Size Area 0.02 New Construction YN No Pool Private YN No Property Attached YN No Property Sub Type Townhouse Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Stories 3 Tax Annual Amount 4725 Water Source Public Year Built Details EXIST

Realtracs Solutions logo Offered by Compass Re: 6154760751. Copyright 2023 RealTracs, Inc. Information Is Believed To Be Accurate But Not Guaranteed. Listings courtesy of Realtracs MLS as distributed by MLS GRID.


Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (Chamberlain Realty, 615-757-3627). IDX information © 2023 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or Chamberlain Realty. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-12-10T14:05:43.12.

Based on information submitted to the MLS GRID as of 2023-12-10T14:05:43.12. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Chamberlain Realty
111 Shivel Dr.
Hendersonville TN, 37075