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18,386 sqft

$9,500,000

1005 12th Ave, S, Nashville TN, 37203

Price per sqft$516.70
Built in2018
Property size18,386 sqft
Property typeResidential
Courtesy of Real Broker, Lori Steel Listing Contact: 8652820554

Overview

Active

Listed Mar 31, 2026

Updated Jun 11

Discover a successful, turnkey Non-Owner Occupied (NOO) Short-Term Rental (STR) portfolio composed of eight impeccably designed luxury row homes, positioned less than a mile from The Gulch and Music Row—two of Nashville’s most vibrant and sought-after districts. This portfolio showcases a highly desirable mix of four 3-bedroom residences and four newly enhanced 4-bedroom layouts. Each home is crafted with a focus on modern architecture, clean lines, and elevated livability, offering 3.5 spa-inspired bathrooms, two-car tandem garages, and expansive rooftop terraces that frame dramatic skyline views. Thoughtfully curated, design-forward furnishings complement each space, creating a cohesive luxury aesthetic that enhances guest experience and commands premium nightly rates. This 28-bedroom, 28-bathroom luxury portfolio is thoughtfully configured across eight total units. Four of the units feature 4 bedrooms and 3.5 bathrooms, while the remaining four units offer 3 bedrooms and 3.5 bathrooms. The strategic upgrade and reconfiguration of four units into 4-bedroom accommodations further bolster group-travel appeal, driving stronger occupancy and increased revenue performance. As of March 25, 2026, the portfolio boasts $630,961 in on-the-books revenue for the 2026 calendar year—surpassing the entire revenue achieved in 2025. With the current pace of bookings and robust forward-looking reservations, the portfolio is projected to conclude 2026 at approximately $1.0M+ in total revenue. This exceptional offering presents a rare opportunity to acquire a scaled, top-performing STR portfolio featuring strong in-place bookings, clear forward revenue visibility, and an elevated unit mix meticulously designed and curated to maximize luxury appeal, guest satisfaction, and long-term income growth.

$63,204/mo

Est. mortgage payment based on a $9,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$12,734
Tax Frequency
Annually
Garage
Yes
View
Yes
55+/Senior Community
No

Listings courtesy of Middle Tennessee Regional Multiple Listing Service as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 3:51 AM UTC on 6/11/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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