1300 Pennock Ave - Specialty FOR SALE


Nashville, TN 37207- East Nashville
$13,950,000 USD
615-642-1122
1300 Pennock Ave, Nashville, TN for Sale
$13,950,000 USD
Specialty - FOR SALE
1/3
null | Request Cap Rate

1300 Pennock Ave
Nashville, TN 37207
East Nashville


OVERVIEW

This property at 1300 Pennock Ave offers a rare opportunity to acquire a fully furnished, turn-key 14-unit short-term rental portfolio operating as a cohesive, high- performing Airbnb asset in Nashville. The property sleeps up to 133 people and features a mix of 5 townhomes, 7 condominiums, and 2 penthouses, designed to accommodate a wide range of guests, including families, corporate groups, and event-driven stays. Each unit is professionally designed, fully outfitted, and guest- ready, enabling immediate operational continuity. With all units located on a single property, ownership benefits from operational scale, streamlined housekeeping, unified branding, and simplified maintenance— advantages rarely found in scattered-site short-term rental portfolios. Located just one mile from Nissan Stadium and minutes from downtown Nashville, the property offers convenient access to key demand drivers while providing a resort-style guest experience. Amenities include a pickleball court, swim spa, two jacuzzis, outdoor fitness area, firepit lounge, and select rooftop spaces with skyline views. Several units also feature game rooms, and concierge services enhance the overall guest experience. The property’s layout supports both individual bookings and group use, making it ideal for corporate retreats, bachelorette parties, family gatherings, and extended stays. This flexibility drives strong calendar density and diversified booking flow, supporting a resilient income profile. Nashville’s strong tourism fundamentals further support the investment, with 16.8 million visitors in 2023. Proximity to major attractions such as Shelby Park, The Gulch, Bicentennial Capitol Mall State Park, Ryman Auditorium, Country Music Hall of Fame and Museum, Broadway, and East Nashville enhances ongoing demand. This central location, combined with the property’s group-friendly configuration and upscale amenities, positions it to capture both leisure and travel demand.

FOR SALE DETAILS

PRICE

$13,950,000 USD

PRICE/SF

$570 USD /SF

CAP RATE

Request Cap Rate

% LEASED

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TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LoFi

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

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STORIES

3

BUILDING CLASS

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YEAR BUILT

2025

SPRINKLERS

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PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

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ZONING

-

APN/PARCEL ID

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ASK ABOUT THIS PROPERTY

Cole AycockAycock Realty GroupMore Info
615-642-1122

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Cole AycockAycock Realty GroupMore Info
615-642-1122

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.