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Updated over 3 years ago on . Most recent reply

User Stats

13
Posts
5
Votes
Tanner Hale
  • Rental Property Investor
  • SLC, UT
5
Votes |
13
Posts

Nashville Airbnb Syndication

Tanner Hale
  • Rental Property Investor
  • SLC, UT
Posted

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.

Most Popular Reply

User Stats

155
Posts
57
Votes
Austin Drew
  • Rental Property Investor
  • West Palm Beach, FL
57
Votes |
155
Posts
Austin Drew
  • Rental Property Investor
  • West Palm Beach, FL
Replied

@Tanner Hale How are you returning investors money down the road. Can you help me understand your module?

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