Exploring Nashville’s Booming Short-Term Rental Market: New Developments and Investment Opportunities

Nashville has been and continues to be an in-demand city on the move. With that growth and change, new short-term rentals continue to spring up to meet the needs for both investors and tourists alike. As the demand for short-term rentals continues to grow, Nashville offers a diverse array of existing and new developments that cater to every taste and preference. Due to the regulations in place, requiring Commercial zoning for a short-term rental property to receive a Non-Owner Occupied (NOO) permit, developments are generally earmarked for that type of use during planning stages. Luckily, Nashville’s short-term rental market has something for everyone. The Commercial land zoning restriction usually requires developers to maximize the land use for efficiency and density. The results are generally attached townhome developments as well as condo developments located between 5 to 15 minutes from Downtown. 

The latest developments are designed to maximize the STR experience by providing guests with the layout and locations to ensure comfort, convenience, and the unique cultural flair that makes Music City a top destination. See below to explore the newest short-term rental opportunities in Nashville and reach out to me for more information on these and any other STR opportunities in Nashville. 

Townhome Developments (1) 

Skyview – Located in the Baptist World Center area, these properties are the final phase of the popular Raven development next door. Priced in the $1.1-$1.2M range and can be sold fully furnished by a top Nashville designer 

Harmony Heights – 17 Townhome units in the West Trinity / Bordeaux area of Nashville – 3-4 Bedrooms that will be priced between $750,000-$950,000 

Riverside Commons – 11 unit development. All 4 beds-4 baths with rooftops and 2 car garage. Located at 1200 Brick Church Pike with downtown views and priced in the $1.1M+ range. 

Word 18 – 14 Unit development off West Trinity. 6 of the units are eligible to be used for NOO STR – Higher end design with seller offering up to $50,000 concessions for buyers. Priced between $800,000-$1,000,000 based on square footage. Incredible views of Nashville 

The View at Northpointe – 517 West Trinity Lane area – 20 units priced between $850,000-$950,000 with furniture packages offered. Built by E3 Construction. 4 beds-4 baths with rooftops and 2 car garages. Amazing views of Downtown Nashville.

West Trinity/Gains – 2 Build development with luxury finishes and brick exterior. 4 beds-4 baths with rooftops and 360 degree views of downtown Nashville and 2 car garages. Located off West Trinity. Priced at $1,000,000 unfurnished and $1,050,000 furnished. 

Inglewood – On West Kirkland in East Nashville – There are six 4 bedroom-4 bath units priced at $699,000 

1006 West Kirkland – Located in East Nashville on West Kirkland. Three available 4 Bedroom units that are being sold furnished in the $770,000-$800,000 range 

CityBluffs – Located in the West Trinity area – a few of the 4 bedroom units can be NOO STR and priced at $699,000 

Chelsea at Oceola – Located at 223 Oceola Avenue – 30 4 bdrm-4 bath units that are over 2400 sqft each. All units have 2 car garages and a rooftop. Priced at $850,000 

Hydes Ferry Hideaway – 11 unit development located at 1612 County Hospital Road in Bordeaux. 4 bedroom-4 bath units ranging in size from 1750-2000 square feet. Some will be sold furnished. All have rooftops and 2 car garages with prices starting at $850,000. Full development can be bought together at $9.2M. 

Condo Developments (1) 

Neo – Condo development located on Hermitage Avenue near downtown Nashville. Partially sold out but a few 1-3 bedrooms units remain priced between $500k-$1M. 

Odyssey – Downtown West End condo development – Few 2 bedroom units left in the $700-$900k range between 850 to 1100 sqft 

Bradford Flats – Large condo development located near the airport at 293 Plus Park Blvd. 1 bed-1 bath units available and priced at $269,900 

(1) These properties reflect newer developments with multiple units available. There are other opportunities within the Nashville market for existing properties that are being resold and typically fully furnished.

Written by Steve Frye

Hi There! My name is Steve Frye and I’m a Realtor in the Nashville Market working across all facets of real estate but specializing in the Investment and short-term rental market. I used my knowledge and skill set to sell over $100M+ of real estate in my first 4 years in the business. Prior to real estate, I worked for 20+ years in Corporate Finance and used that experience to segue into real estate to help clients find amazing homes and investment properties.

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