Should I sell my townhome along with my neighbors to a developer?

[Matthew McQueen]

Hey folks! I own one unit in a strip of 4 individually owned townhomes. We are seeking offers from developers/investors to purchase all 4 units. We are all on board with this for the right price. Each unit produces excellent cash flow as-is, and the home values have increased by %50 since 2020. With so much development in the neighborhood, it should be a great opportunity for the right investor to acquire the full plot of land near Downtown Nashville. 

Should I sell or hold, and what is the best way to find this type of buyer?

[Ashley Gill]

@Matthew McQueen I can see how this could be an opportunity to capitalize on your investment and diversify your portfolio! If you feel it is the right time to pull out, go for it. Keep in mind, there is a reason someone is willing to pay a premium. Again there is no wrong answer here. With Nashville continuing to grow, many will get pushed to neighboring cities! Investing in those areas now will likely put you ahead of many others in the market!