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426 E Iris Dr

2 Specialty Properties Offered at $4,199,993 CAD in Nashville, TN

Investment Highlights

  • Downtown Skyline Views
  • Close to Major Interstates
  • High Growth Area

Executive Summary

Invest in Nashville with the upscale Iris portfolio, a set of four modern short-term rental units offered at $2,990,000. Boasting a prime location in the burgeoning Berry Hill neighborhood, each unit features 4 bedrooms, 3 baths, 2 car garage and is 1,812 SF of luxury living space. With brand-new construction, private outdoor areas, and breathtaking downtown skyline views from the roof deck, this turnkey investment opportunity provides the opportunity for immediate revenue and long-term growth. The properties offer a low vacancy rate, perfect for maximizing income, and are sold fully furnished to attract guests seeking top-notch accommodations. Situated within walking distance to vibrant eateries, bars, and retail spots, these units cater to guests looking to experience Nashville's best. Don't miss out on owning this premium rental portfolio in a highly sought-after area! Photos are of Unit 101. Photos of Units 102, 103, and 104 are available upon request. Pro-forma is under CA.

Data Room Click Here to Access

Property Facts

Price $4,199,993 CAD
Price / SF $577.56 CAD / SF
Cap Rate 8.55%
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 7,272 SF
Total Land Area 0.08 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Units 101-102
426 E Iris Dr, Nashville, TN 37204
Specialty 3,636 SF 2024 -
Units 103-104
426 E Iris Dr, Nashville, TN 37204
Specialty 3,636 SF 2024 -
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  • Listing ID: 32123003

  • Date on Market: 2024-06-13

  • Last Updated:

  • Address: 426 E Iris Dr, Nashville, TN

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