160 2nd Ave N 211, Nashville, TN 37201, Nashville, 37201 - 2 bed, 2 bath
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Nashville, TN 37201
This Premier NOO STR Development is listed at $1,500,000, aligning perfectly with its $1,500,000 Fair Market Value. As a rare Non-Owner Occupied Short-Term Rental asset steps from Broadway, it offers a Condition Rating of 2 with high-end luxury finishes and iconic Cumberland River views. While the 2027 completion requires a lead time, the inclusion of a state-of-the-art fitness center and private atrium ensures sustained rental demand in Nashville's most visited district. This is a high-yield acquisition for Short-Term Rental Investors or Luxury Portfolio Diversifiers seeking Nashville’s most iconic location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 160 2nd Ave N 211 Subject | $1,500,000* List Price | 2 | 2 | 1,297 | $1,157 | - |
A 160 2nd Ave S 1905 Sold | $1,487,500 | 1 | 2 | 1,171 | $1,270 | 0.0 mi |
B 160 2nd Ave S 1905 Sold | $1,487,500 | 1 | 2 | 1,171 | $1,270 | 0.0 mi |
C 160 2nd Ave S 2205 Sold | $1,485,000 | 1 | 2 | 1,171 | $1,268 | 0.0 mi |
D 160 2nd Ave S 2205 Sold | $1,485,000 | 1 | 2 | 1,171 | $1,268 | 0.0 mi |
E 160 2nd Ave S 1903 Sold | $1,308,333 | 1 | 2 | 1,009 | $1,297 | 0.0 mi |
F 160 2nd Ave S 1803 Sold | $1,319,000 List Price | 1 | 2 | 1,009 | 0.0 mi | |
G 160 2nd Ave N 311 Active | $1,800,000 List Price | 3 | 3 | 1,560 | $1,154 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a comprehensive redevelopment project featuring extensive renovations and new construction with an estimated completion in 2027. The units will feature all-new high-end components, including modern kitchens with waterfall islands, sleek cabinetry, contemporary light fixtures, and premium flooring, meeting the highest standards for new luxury construction.
The property is NOO STR (Non-Owner Occupied Short-Term Rental) eligible and situated steps from Broadway, making it a premier asset for high-yield rental income in Nashville's most visited district.
Offers unparalleled views of the Cumberland River, Nissan Stadium, and the Nashville skyline, providing a quintessential Music City experience that commands premium rental rates.
The development features high-end communal spaces, including a state-of-the-art fitness center with a sauna, a 2nd-floor atrium, and multiple indoor-outdoor terraces overlooking the river.
With an estimated completion date of April 2027, investors face a significant multi-year waiting period before the property can generate cash flow or be occupied.
The monthly association fee of $972 is substantial, which may impact the net operating income and overall ROI for potential investors.
Over 60% SOLD! NOO STR WALK TO BROADWAY! Welcome to The Heritage at Broadway, Nashville’s most exciting NEW short-term rental development. Located on historic 2nd Avenue, just steps from the iconic Broadway, this extraordinary project blends timeless architectural charm with modern luxury. Nestled in the epicenter of Music City, this turn-of-the-century loft building offers a one-of-a-kind experience for both guests and investors. With stunning views of the Cumberland River, Nissan Stadium, and the city skyline—including the iconic “Batman Building" – The Heritage offers an unparalleled location. Enjoy direct access to hundreds of bars, restaurants, and entertainment venues, along with easy connectivity to top attractions like the Titans Stadium and the vibrant riverfront. This is your chance to invest in Nashville’s thriving short-term rental market or secure a luxurious urban retreat. The Heritage consists of 50 non-owner occupied short-term rental eligible units ranging from 1-4 bedrooms, retail space on the first floor, a state of the art fitness center with sauna, business center, indoor-outdoor amenity space on the 5th floor overlooking the Cumberland River and Nissan Stadium, a second public terrace on the 4th floor overlooking 2nd Ave, business center and a BEAUTIFUL 2nd floor atrium! Contact agent for a full list of available units! This building is being renovated on floors 1-3 and floors 4 & 5 will be new construction. Estimated completion date April 2027.
No exterior & parking available.
Grades PK-4 • 1.9 mi
Grades 5-8 • 2.6 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 61% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,297 | 1,090 | 83% |
| Lot Size | 17,860 | 871 | 94% |
| Price | $1.50M | $883.8K | 94% |
| Price per sq ft | $1.2K | $668 | 67% |
| Built year | 1900 | 2008 | 11% |
| HOA | $972 | $760 | 56% |
| Days on market | 593 | 322 | 78% |
Sep 6, 2024
$1,500,000
Initial Listing