Just rezoned to MUL-A near the expansive Riverside Development. Opportunity for a 12-16 unit build with downtown Nashville views. Land hosts a 2,000+ SF updated home, used as a Non-Owner Occupied Airbnb that you can use for income until you break ground. If you build 12, units are 4 Bedrooms 4 Bath, 2 Car Garage, 2400 Sqft, 10 Minutes from Downtown, East Nashville & The Nations. Already Entitled, ready for permitting. Comps next door at $1,365,000. Exit at $16MM or buy and hold as NOO STRP rentals. See the GoodNight proforma in docs for $1.6MM yearly gross AirBnb income. See site plan and survey in docs, buyer to do all of their own due diligence.
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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