Nashville Airbnb Syndication

[Tanner Hale]

Investment Info:

Single-family residence buy & hold investment in Nashville.

Purchase price: $3,800,000
Cash invested: $1,100,000

We syndicated 6 single family homes just outside of downtown Nashville, TN. All 6 homes are managed and utilized as short term rentals by our in-house property management team.

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

We leveraged high quality broker/agent relationships to find the deal.

How did you finance this deal?

Conventional financing 80% LTV

What was the outcome?

The developer built 8 homes total. We purchased 6/8 homes. (never listed on the mls) W construction was completed the developer listed the last two home for over $150k each than what we had just purchased the other 6 homes. The cash flows are strong and we are thrilled about the instant appreciation.