
Nashville, TN 37203
This Turnkey Short-Term Rental Asset is listed at $780,000, aligning perfectly with its $780,000 Fair Market Value. Boasting an Excellent Condition Rating, this 2020 build features a modern kitchen, quartz countertops, and a private deck. The property’s primary value is the transferable Non-Owner Occupied STR permit via LLC conveyance, providing immediate entry into Nashville’s regulated rental market. Located in the walkable West End/Vanderbilt corridor, it offers high demand for guests. This is a premier acquisition for Short-Term Rental Investors or Portfolio Diversifiers seeking immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 119 Acklen Park Dr 204 Subject | $780,000* List Price | 3 | 2 | 1,710 | $456 | - |
A 110 31st AVENUE N 703 Sold | $739,900 List Price | 2 | 2 | 1,855 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this property is well under the 10-year age threshold for an excellent rating. The interior features a modern kitchen with high-end stainless steel appliances, contemporary tile backsplashes, and quartz countertops. Bathrooms are updated with modern glass-enclosed showers and current finishes. The systems (HVAC/Electric) are near-new, and the property is in mint, turnkey condition with no maintenance required.
The sale includes the LLC that holds the Non-Owner Occupied Short-Term Rental (NOOSTR) permit, allowing for a seamless transfer and immediate income generation in a highly regulated market.
Situated in the West End/Vanderbilt area, the property offers exceptional walkability to Centennial Park, local dining, and university hubs, making it a premier destination for short-term guests.
Built in 2020 and sold fully furnished, this unit features contemporary finishes and an open layout, eliminating the need for additional capital expenditures or setup time.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1710, other record living area = 1646. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The $450 monthly association fee adds a significant recurring operating expense that may impact the overall net return on investment for potential buyers.
While the elementary school is highly rated, the assigned middle and high schools carry lower ratings (4/10), which could limit the property's appeal to long-term residential families.
STR Eligible (Non owner occupied) (NOOSTR) LLC to convey with acceptable offer. – Turnkey Investment. investor alert — this is the opportunity everyone is looking for but can’t find. This unit is being sold with the LLC that owns the Short-Term Rental Permit, allowing a seamless transfer and immediate operation as a non-owner occupied STR in Nashville. Located in the highly desirable West End/Vanderbilt area, this fully furnished, turnkey condo is already operating as a successful short-term rental. Skip the long permit waitlists, avoid the uncertainty, and step directly into income from day one. This unit features an open layout, updated finishes, private balcony, secured building access, elevator, and dedicated parking. Walkable to Vanderbilt, Centennial Park, restaurants, coffee shops, and minutes to Broadway, Midtown, and Downtown Nashville — exactly where short-term rental guests want to be.
No exterior & parking available.
Grades K-4 • 0.8 mi
Grades 5-8 • 0.8 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,710 | 1,872 | 50% |
| Lot Size | 2,614 | 7,187.5 | 29% |
| Price | $780.0K | $860.0K | 50% |
| Price per sq ft | $456 | $451 | 50% |
| Built year | 2020 | 1940 | 93% |
| HOA | $450 | $0 | 86% |
| Days on market | 18 | 376 | 7% |
May 2, 2026
$780,000
Initial Listing