Airbnb Investment Property | Moderno

airbnb investment property nashvilleModerno at Creative Way is an incredible 26 unit Airbnb investment property located at 500 Creative Way in southern Madison, TN. It is located at the very parcel where Ellington Parkway ends and shares an entrance with the Nossi College of Art. This means you are only 2 turns and 11 minutes from Broadway and you successfully avoid paying exorbitant Nashville taxes. In executing this development, the Ellington Group tapped an all-star team by selecting Centric Architecture for design and Highland Homes for construction.

Moderno is designed as 7 separate buildings containing 2-5 homes each resulting in quite a few end units. All plans have 2 bedrooms, 2.5 bathrooms and a roof top terrace. Some homes also have an attached 2 car garage. Onsite development begin in February 2019 and Phase 1 is expected to deliver in August/September 2020. This property is zoned OR40, making it eligible to receive a Davidson County non-owner occupied short term rental permit (NOO STRP). We expect pricing to start at $299,900.

Airbnb Investment Property for Sale

Address Location Beds Baths Sq Ft Price
500 Creative Way #17 End unit 2 bed 2.5 1,198 $307,500
500 Creative Way #18 Interior 2 bed 2.5 1,198 $299,900
500 Creative Way #19 Interior 2 bed 2.5 1,198 $299,900
500 Creative Way #20 Interior 2 bed 2.5 1,198 $299,900
500 Creative Way #21 End unit 2 bed 2.5 1,198 $307,500
500 Creative Way #22 interior 2 bed 2.5 1,198 $312,500
500 Creative Way #23 interior 2 bed 2.5 1,198 $304,900
500 Creative Way #24 interior 2 bed 2.5 1,198 $304,900
500 Creative Way #25 End unit 2 bed 2.5 1,198 $304,900
500 Creative Way #26 End unit 2 bed 2.5 1,198 $312,500
500 Creative Way #13 End Unit 2 bed 2.5 1,600 $359,900
500 Creative Way #14 End Unit 2 bed 2.5 1,600 $359,900
500 Creative Way #15 End Unit 2 bed 2.5 1,600 $364,900
500 Creative Way #16 End Unit 2 bed 2.5 1,600 $364,900

* prices and availability are subject to change at anytime

HOA documents, site plan, floor plans, Airbnb rental pro formas and other due diligence materials are available upon request. Looking for a different type of vacation investment property? See every Nashville Airbnb for sale

Modern at Creative Way MLS Listings

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Grant Hammond

Broker, ABR, SFR ePRO

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