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Updated over 5 years ago,

User Stats

36
Posts
15
Votes
Seth Martin
  • Professional
  • Nashville, TN
15
Votes |
36
Posts

STR Development in Nashville-High Leverage!

Seth Martin
  • Professional
  • Nashville, TN
Posted

Investment Info:

Large multi-family (5+ units) other investment in Nashville.

Purchase price: $270,000
Cash invested: $1,500

New construction, STR development near Nashville International Airport (BNA)

What made you interested in investing in this type of deal?

Great dirt price, multiple exits and high leverage cash whether selling or holding.

How did you find this deal and how did you negotiate it?

Xceligent before they dissolved and negotiated with a huge holding company in town

How did you finance this deal?

Partnership

How did you add value to the deal?

Building plans, building negotations

What was the outcome?

In progress

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