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32270289
32270286

1300 Pennock Ave, Nashville, TN 37207 For Sale

CA
TN 364143
Aycock Realty Group LLC
CA
Tennessee 2147870, TN 214780
Aycock Realty Group LLC
Listed by Aycock Realty Group LLC
$13,950,000
75 days on market
Updated 75 days ago

LoFi

Details
Property Type Hospitality
Sub Type Hotel
Square Footage 24,472
Units 14
Cap Rate 9.00%
NOI $1,231,264
Tenancy Single
Year Built 2025
Investment Type Stabilized

Hospitality | 9.00% CAP

Marketing description

This property at 1300 Pennock Ave offers a rare opportunity to acquire a fully furnished, turn-key 14-unit short-term rental portfolio operating as a cohesive, high-performing Airbnb asset in Nashville. The property features a mix of 5 townhomes, 7 condominiums, and 2 penthouses, designed to accommodate a wide range of guests, including families, corporate groups, and event-driven stays. Each unit is professionally designed, fully outfitted, and guest-ready, enabling immediate operational continuity.

With all units located on a single property, ownership benefits from operational scale, streamlined housekeeping, unified branding, and simplified maintenance—advantages rarely found in scattered-site short-term rental portfolios. Located just one mile from Nissan Stadium and minutes from downtown Nashville, the property offers convenient access to key demand drivers while providing a resort-style guest experience.

Amenities include a pickleball court, swim spa, two jacuzzis, outdoor fitness area, firepit lounge, and select rooftop spaces with skyline views. Several units also feature game rooms, and concierge services enhance the overall guest experience.

The property's layout supports both individual bookings and group use, making it ideal for corporate retreats, bachelorette parties, family gatherings, and extended stays. This flexibility drives strong calendar density and diversified booking flow, supporting a resilient income profile.

Nashville's strong tourism fundamentals further support the investment, with 16.8 million visitors in 2023. Proximity to major attractions such as Shelby Park, The Gulch, Bicentennial Capitol Mall State Park, Ryman Auditorium, Country Music Hall of Fame and Museum, Broadway, and East Nashville enhances ongoing demand. This central location, combined with the property's group-friendly configuration and upscale amenities, positions it to capture both leisure and travel demand.

Investment highlights

  • Fully furnished, turn-key 14-unit short-term rental portfolio
  • Mix of 5 townhomes, 7 condominiums, and 2 penthouses
  • Professionally designed units that are fully outfitted and guest-ready
  • All units located on a single property enabling operational scale
  • Streamlined housekeeping, unified branding, and simplified maintenance
  • Located just one mile from Nissan Stadium
  • Minutes from downtown Nashville
  • Resort-style guest experience with premium amenities
  • Pickleball court, swim spa, two jacuzzis, outdoor fitness area
  • Firepit lounge and select rooftop spaces with skyline views
  • Several units feature game rooms
  • Concierge services enhance guest experience
  • Layout supports both individual bookings and group use
  • Ideal for corporate retreats, bachelorette parties, family gatherings, and extended stays
  • Strong calendar density and diversified booking flow
  • Nashville had 16.8 million visitors in 2023
  • Proximity to Shelby Park, The Gulch, Ryman Auditorium, Country Music Hall of Fame and Museum, Broadway, and East Nashville

Listing Contacts

CA
TN 364143
Aycock Realty Group LLC
CA
Tennessee 2147870, TN 214780
Aycock Realty Group LLC
Listed by Aycock Realty Group LLC

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$1,231,264.41
$102,605.37/mo

Valuation Metrics

0
DSCR
8.83%
Cap Rate
8.83%
ROI

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