1020 Jefferson Street, Nashville, TN 37208
- $6,500,000
- 11,410
- SqFt
- List Price
- $6,500,000
- MLS#
- 3001755
- Days on Market
- 301
- Property Type
- Multifamily
- Sqft. of Residence
- 11,410
- County
- Davidson County
- Status
- ACTIVE
Property Description
BDG Partners is proud to present a rare portfolio of 5 fully operating short term rental residences within the acclaimed Alora development, one of Nashville’s most desirable new destinations. Alora offers a boutique living experience with more than a dozen curated finish packages across the community, creating individuality and elevated design at every turn. Licensed non-owner occupied properties of this quality are increasingly limited, making this offering an exceptional opportunity for investors seeking scale, performance, and long term upside in a thriving market. Each residence is fully furnished and meticulously prepared for immediate operation. Layouts feature 4 bedrooms, 4.5 baths, and open living spaces finished with premium materials. Chef inspired kitchens include high efficiency appliances, gas ranges, and expansive quartz countertops. Private rooftops extend the living experience outdoors, offering either fire pits with sweeping views of downtown or covered terraces with televisions, grills, and stylish furnishings. These amenities elevate the guest experience, drive premium nightly rates, and create memorable stays that encourage repeat bookings. The Alora community is fully access controlled and ideally positioned 1.5 miles from Broadway’s world famous honkytonks, minutes from Germantown’s acclaimed restaurant scene, and just 1mile from Amazon and Oracle’s East Bank headquarters. Centennial Park, Midtown nightlife, and Vanderbilt University are also nearby, ensuring consistent guest demand across multiple travel segments. Phase 2 of Alora will introduce a luxury resort style pool, a modern fitness center, and additional outdoor gathering areas, further enhancing guest appeal and strengthening long term value. Collectively the portfolio sleeps up to 60 guests and may qualify for 100% bonus depreciation with proper structuring. Immediate operational capacity, proven performance, and new amenities underway make Alora an incredibly compelling asset.
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Additional Information
- Association Fee
- $1250
- Association Fee Frequency
- Monthly
- Community Amenities
- Sidewalks
- Construction Type
- Fiber Cement, Frame
- Cooling System
- Central Air, Electric
- Elementary School
- Jones Paideia Magnet
- Floor Types
- Wood, Tile
- Heating System
- Central, Dual
- High School
- Pearl Cohn Magnet High School
- Junior High School
- John Early Paideia Magnet
- Laundry
- Individual, Electric Dryer Hookup, Washer Hookup
- Living Area
- 11,410
- Number Of Stories
- 3
- Roofing Material
- Membrane
- Sewer System
- Public Sewer
- Subdivision
- Alora Nashville
- Tax Amount
- $36,974
- Water Source
- Public
- Year Built
- 2024
- Zoning
- DTC
- Type
- Multifamily
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Listing courtesy of Compass RE.
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