BNBCalc.com Rental Arbitrage Analysis Report of 501 Rep. John Lewis Way South, Nashville, TN, USA
1 bed • 1 bath • 6 guests • $0
BNB
Calc
Return Metrics
198.22% cash on cash return is a excellent return over the next 1 year
Cashflow Over Time
Property Appreciation:
3%
Revenue Appreciation:
1%
Cash on Cash Return
198.22%
Payback Period Days
193
Return on Investment
198.22%
Annual Revenue
$70,949
Revenue Percentile
Operating Expenses
Monthly Expenses
$1,980
Annual Expenses
$23,763
Utilities
$150
Internet + TV
$80
Water/Sewer
$70
Garbage
$0
Electric
$0
Gas
$0
Other
$0
Maintenance
$175
Rental Insurance
$10
HOA
$0
Landscaping
$0
Ongoing Repairs
$0
Supplies
$0
Software
$0
Pest Control
$53
Permits
$0
Other
$0
Cleaning Cost
$112
Management & Platform Fees
$1,655
Platform Fee (i.e. Airbnb)
$177
Property Manager Fee
$1,478
Property Details
General Info
Lot size:
82,328 sqft
Year built:
2017
Size:
277,000 sqft
Type:
MFR
Parking:
-
Heating:
-
Sold Comparables
| Address | Beds | Baths | Square Feet | Lot Size | Year Built | Last Sale | Days on Market |
|---|---|---|---|---|---|---|---|
| 1212 Demonbreun St | 1 | 1 | 800 | 0 | 2024 | $457,200 | 0 |
| 1079 2nd Ave S | 4 | 2 | 1,856 | 6,970 | 1976 | $0 | 0 |
| 205 Demonbreun St | - | NaN | 326,763 | 31,799 | 2016 | $0 | 0 |
| 1316 South St | 6 | 4 | 3,872 | 19,602 | 2006 | $0 | 0 |
| 1045 2nd Ave S | 4 | 2 | 2,032 | 7,405 | 1920 | $635,000 | 0 |
| 800 4th Ave S | - | NaN | 220,928 | 58,370 | 2022 | $78,500,000 | 0 |
| 930 Commerce St | - | NaN | 501,955 | 0 | 2024 | $0 | 0 |
| 960 Commerce St | - | NaN | 503,896 | 0 | 2024 | $0 | 0 |
| 301 Rosa L Parks Ave | - | NaN | 73,925 | 73,616 | 1958 | $0 | 0 |
Property Details
- MLS Status: N/A
- Property Use: High-Rise Apartments
- Stories: 5
- Lot size:82,328 sqft
- Building area: 277,000 sqft
- Garage: -
- Heating:
- Pool: Yes
- Fireplaces:
- Basement: No basement
Lot Info
- Zoning: -
- Land Use: Commercial
- Parcel Number: 093-10-0-235-00
- Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD
Tax Info
- Year Assessed: 2024
- Assessed Value: $37,009,240
- County Est. Land Value: $11,550,000
- Assessed Land Value: $4,620,000
- County Est. Structure Value: $80,973,100
Market Estimate: -
Sale history
| Date | Sale Price | % Financed | Buyer |
|---|---|---|---|
| 08/03/18 | $90,000,000 | 0% | Bop Nest Nashville Llc |
| 09/10/15 | $0 | 0% | Olmsted Sobro Venture Partners Llc |
| 11/10/15 | $0 | 0% | Olmsted Sobro Venture Partners Llc |
| 11/10/15 | $2,232,610 | 100% | Olmsted Sobro Venture Partners Llc |
| 11/09/15 | $0 | 0% | Olmsted Sobro Venture Partners Llc |
| 11/06/15 | $2,953,522 | 100% | Olmsted Sobro Venture Partners Llc |
Ownership
- Name: Bop Nest Nashville Llc
- Owner Occupied: No
- Owner Mailing Address: 127 Public Sq # 3150, Cleveland, OH 44114
- Years Owned: 76
- Home Equity: -
- Mortgage Balance Remaining: $372,760,000
- Financed amount: 100%
- Owner Type: Investor
- Lien: No
- Inherited: No
- Foreclosure: No
501 Rep. John Lewis Way S Nashville, Tennessee, 37203-4466
1 bed • 1 bath • 6 guests
Monthly Rent
Inquire about this property
Contact Agent
$3,559
Zestimate
$70,949
Annual Revenue
Occupancy Rate
Top 101% of comparables
Avg Daily Rate
Top 101% of comparables
Investment Value Over Time
Revenue Appreciation
1%
Cash on Cash Return
198.22%
Payback Period Days
193