Rentals

4th and Monroe Condos to Become Rentals

December 29, 2010 by admin · Leave a Comment  

Nashville, TN December 27, 2010 - Starkville, MS based Cadence Bank has sold the 4th and Monroe condo development to Nashten, LLC for $3.0 million. Nashten’s purchase comes almost exactly one year after the lender purchased the development at foreclosure, for $4.25 million. Traditional Urban Concepts, Inc. was the original developer of the project. J. Naparlo, President of Nashten, “We have been... [Read the entire article…]

Icon in the Gulch Condo Price Update

August 23, 2009 by admin · 16 Comments  

After a quick trip to the Davidson County register of deeds Friday morning, I have confirmed that 38.33% or 161 condos have closed as of 8/21/2009. The Icon is averaging over 11 closings a month for the past 3 months which would put the development at sell out in approximately 2 years. This is a pretty strong absorption rate for what most believe to be the worst real estate market in more than... [Read the entire article…]

Steve McNair House in Green Hills area Nashville

July 4, 2009 by admin · 12 Comments  

This is the current home of murdered Titan’s quarterback Steve McNair. The home is located at 2430 Bear Road in the Green Hills area of Nashville, TN 37215. The home is currently for sale for $2,999,990. Steve McNair’s home was originally listed for sale on April 11th, 2009 for $3,800,000. It appears that the price of the home was dropped $800,000 recently. The home is a renovated 14,263... [Read the entire article…]

Nashville Rental Properties are Scarce

July 1, 2009 by admin · 1 Comment  

NASHVILLE, Tenn. – While the real estate market remains a tough sell, the rental market in Nashville is red hot. According to local real estate experts, owners of luxury condominiums and million dollar houses may not be able to sell their homes but they can rent them for top dollar…read the full Nashville rental properties story If you found this post helpful, you may also enjoy:“For... [Read the entire article…]

Nashville Rental Properties are Scarce

July 1, 2009 by admin · 2 Comments  

This television interview entitled “Nashville rental market booms” appeared on News Channel 2 on June 16th, 2009. The reporter is Tiani Jones: NASHVILLE, Tenn. – While the real estate market remains a tough sell, the rental market in Nashville is red hot. According to local real estate experts, owners of luxury condominiums and million dollar houses may not be able to sell their homes but... [Read the entire article…]

Pictures of Velocity in the Gulch in Nashville

June 28, 2009 by admin · 21 Comments  

The entrance to the Velocity condos is located on the Pine Street side of the building. This side of the building is currently 95 percent complete and looks quite modern.    The main lobby in the Velocity is not the largest lobby in downtown, but it might be the most interesting. There are a variety of materials used as well as patterns and colors. You can see the computer screen in the middle... [Read the entire article…]

Real Living Properties Caught in Clarksville Fraud

June 16, 2009 by admin · Leave a Comment  

When hiring a property management company you need to do your due diligence to be sure that you are dealing with a reputable company.‘CLARKSVILLE, Tenn. – A woman was hired to collect rent checks, but police said she pocketed the money instead of delivering thousands of dollars to property owners…read the full Real Living Properties fraud story If you liked this article, you may also... [Read the entire article…]

5th and Main Condos are Taking Offers

March 18, 2009 by admin · Leave a Comment  

In case anyone is interested in picking up a Nashville condo on the cheap, the 5th and Main condo project is now taking offers. What do I mean by offers? I mean that the entire project has been taken back by the bank and the bank wants to sell off the remaining condos as fast as possible, that kind of offer. The project is complete and the condos are being purchased completed as well. Hurry before... [Read the entire article…]

12 Nashville Real Estate Predictions for 2009

November 27, 2008 by admin · Leave a Comment  

One of the many tasks my clients expect me to be able to do is to predict what is going to happen with home prices, appraisal values, and time on the market. I only wish that I had a crystal ball to be able to advise them 100% accurately, but unfortunately, that tool does not exist. However, I would like to take a crack at predicting the 2009 real estate market in Nashville based upon aggregated information... [Read the entire article…]

“For Sale” Becoming “For Rent”

July 13, 2008 by admin · Leave a Comment  

With the national housing market in the tank, demand for rental property is increasing. But it looks like the supply of apartments also is rising quickly despite little new apartment construction. According to a new report from Goldman Sachs’ U.S. Economic Research Group, about 1 million for-sale units were converted to rentals during the past two years (These are existing for-sale properties that... [Read the entire article…]

“For Sale” Becoming “For Rent”

July 13, 2008 by admin · Leave a Comment  

With the national housing market in the tank, demand for rental property is increasing. But it looks like the supply of apartments also is rising quickly despite little new apartment construction. According to a new report from Goldman Sachs’ U.S. Economic Research Group, about 1 million for-sale units were converted to rentals during the past two years (These are existing for-sale properties that... [Read the entire article…]

Luxury Rental Property in Nashville, TN

May 26, 2008 by admin · Leave a Comment  

Summit Property Management, Inc. is a full service property management company located in Nashville, TN. Summit Property managers specialize in residential and corporate property management only and have over 60 years of combined experience. By specializing in “Residential Properties”, our professional and caring staff maintains the expertise to ensure that you and your property receive... [Read the entire article…]