1404 Napoleon St, Nashville, TN 37207

Property Description

Preferred Lender is offering 1% toward closing costs! This NOO STR (non owner occupied short term rental) is the perfect Turnkey Fully Furnished income-producing opportunity for you to take advantage of the new Tax Bill’s 100% Bonus Depreciation before the end of the year. Cost Segregation Study conveys with the property, along with all the bookings! New Management Company projects $150K-$190K in Gross First Year Revenue. Sleeps 12 in a prime Nashville location and designed for high-performing nightly rentals. Modern open layout with rooftop hot tub, bar & grill with city views, designer finishes, Pottery Barn Bedding, multiple king suites, stocked chef’s kitchen with quartz + gas, fast Wi-Fi, smart TVs, and easy access to Downtown / Broadway, Nissan Stadium, Topgolf, Germantown, Five Points as well as Oracle & the new East Bank / River North. Thoughtful host touches like keyless entry, lockable owner closet, dedicated laundry, tankless water heater, hardwood floors, high efficiency appliances & HVAC and so, so much more make operations seamless. Strong booking history and pro photography help you hit the ground running. Conveys with cost segregation study for the full 100% bonus depreciation to accelerate Year-1 tax deductions - a powerhouse cash-flow and tax strategy. Perfect for a portfolio add, 1031 exchange, or a furnished pied-à-terre that pays its way. Can be purchased alongside our listing at 62 Fern to sleep 22 combined! Recently appraised for $1.32M!