$2,980,000

Condominium In Nashville

  • 12 Beds
  • 7 Baths
  • 5,450 Sqft
  • 872 Sqft lot
  • Updated: July 14
  • 2
    Views for last 30 days
  • Source:
    Realtracs  MLS#3278140

About the Property

**STR with a Cap rate of 8%+** Welcome to Spence Manor! A true icon of country music history with an enviable location in the heart of Music Row (and the correct zoning eligibility). This listing is for a portfolio of SIX UNITS (including a penthouse that sleeps 12), blends a prime location, rich storytelling, notable guest experience, and proven profitability within one of the area’s most desirab
**STR with a Cap rate of 8%+** Welcome to Spence Manor! A true icon of country music history with an enviable location in the heart of Music Row (and the correct zoning eligibility). This listing is for a portfolio of SIX UNITS (including a penthouse that sleeps 12), blends a prime location, rich storytelling, notable guest experience, and proven profitability within one of the area’s most desirable corridors. Here, you and yours guests never sacrifice location and all units are fully renovated. Originally a hotel where Elvis, Johnny Cash, Dolly, and more stayed, the guitar-shaped pool sets the scene while live music from Demonbreun drifts up and down the sidewalks. This is an authentic Nashville experience that other buildings simply cannot touch. Walkable to Broadway, The Gulch, and Edgehill, and with parking on-site, this portfolio presents a turnkey opportunity for investors on Day 1 with a long-standing and proven track record of guest reviews and income. This premier location offers all of the touchpoints that guests are searching for, making these units a standout in a competitive short-term rental market. Option to connect two additional units together to create an additional 4 bed, 2 bath stay would further maximize profit. HOA includes: Water, Electricity, Exterior Maintenance, Grounds Maintenance, and Trash Pickup. Financials available. This is an active and very busy short-term rental! Showings will be scheduled around booking calendar.
  • Property type

    Condo

  • Floors

    6

  • Year built

    1974

  • Price/sqft

    $546

Features

  • Pool
  • Investment Property
  • Renovated
  • Parking

Explore the Area

11 Music Sq E 608, Nashville, Tennessee, United States View on Google Maps
Price per sqft
Low
High

View 2,836 more listings in Nashville

Compass RE - Franklin

Joined 8 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Compass RE - Franklin
Tennessee, United States
View agency profile
133
Listings
2025
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Compass RE - Franklin
Franklin, Tennessee, United States
View agency profile
Last updated
July 14
First listed
Jul 14
Listing reference
3278140
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference 3278140, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with