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USATNNashvilleBuchanan Point916 Buchanan St Apts 201 208
916 Buchanan St Apts 201 208, Home with 0 bedrooms, 0 bathrooms and 8 parking in Nashville TN | Image 1
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$3,475,000

916 Buchanan St Apts 201 208, Nashville, TN

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4484 sqft
Garage No
Taxes $19,785
Days Active 11
Lot Size 
Approx. Age 2022
Avg. Price Per Sqft $774
MLS® Number 2912203

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire 8 active short-term rental units in one modern building, all on the same hallway for streamlined operation. 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: $287K (21% expense ratio including property taxes and operations). 1, 856 filled nights in 2024 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.Show Description
MLS® Number2912203
Laundry LevelIndividual
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age2022
Basement
DrivewayAsphalt, Assigned, Parking Lot
Garage Spaces
HeatCentral, Electric
A/CCentral Air, Electric
Heating Fuel

Extras

APPLN, FURN

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