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HGMIII

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Everything posted by HGMIII

  1. All of them. Spoke with the listing agent, they have been taking offers all week and will decide this morning. We put in an offer at list price, but they had several offers "over list" - I bet 1027 goes for like $100 and 1029 for $85, we couldn't justify going crazy on those lots. 1029 isn't big enough for 2plex - Zoning folks say it's only enough SF for a SINGLE FAMILY - tough to make it work with only 3 houses on 2 lots What neighborhood is 2200 15th Ave N? BVH? Thanks.
  2. I follow lot sales, two new lots just listed for sale in HBV, both zoned R6 1027 Cheatham Place, $89,900 {sodEmoji.|} Lot Size: 68' x 116' 1029 Cheatham Place, $69,900 {sodEmoji.|} Lot Size: 51' x 105' These list prices are below what other lots have been selling for, but they are smaller and in a less desirable location than the lot sales I saw in 12/2014.
  3. Unfortunately, Elizabeth Park and Bordeaux areas have had 2 construction crews held up by robbers this month, this time two workers had to be taken to the hospital for a project by 2200 15th Ave N http://www.wsmv.com/story/28210548/2-people-injured-in-north-nashville-shooting
  4. Butchertown Hall is outstanding, great food and amazing beer selection. 30 beers on tap with 10 exclusive beers from TN breweries (IE: Jackalope IPL type beer) Flip Burger has the interior of an updated Steak N Shake, but the Oaxaca burger was good. Excellent toppings and buns, decent beer list.
  5. It was an example, I don't care what the real income is. The point is this, these downtown apartment complexes are continuing to be built and the rent isn't going down.
  6. Not everyone can afford to live downtown, but there are plenty of people who can. There are plenty of Apt complexes in outlining cities that have a lower rent. A recent graduate who gets an analyst job at UBS/Regions/Bridgestone/etc. will come in making 50,000+ with a signing bonus. These are the types of people these high rent communities are being built for.
  7. Nashville's core is attracting millennials who are fresh out of school / in their mid 20s, this group has mobility to move from Emory, UChicago, UTENN, LSU, etc. Credit will not impact their ability to rent, that would have a more pronounced effect on buying. These are the desired applicants of all urban apartment communities, young educated professionals with fresh income. http://www.tennessean.com/story/money/2014/09/18/nashvilles-millenial-growth-among-nations-fastest/15828937/ The newest Apt building comp'd last week: 1505 Demonbruen, 1 bed/bath rent is $2,200
  8. There currently is an endless supply of people willing to pay $1,500+ a month in rent. They are moving from around the country.
  9. I've been in email contact with Chris Bennish at Price Development, he said he will shoot me an email when they have a more refined design.
  10. Nice little reno on 22nd Court. Listing: http://www.zillow.com/homedetails/746-22nd-Ct-N-Nashville-TN-37208/41116382_zpid/ Now: Was:
  11. An appraisal is one person's opinion, I have gotten 3 in the past 3 years and disputed everyone aka Property Value Reconsideration Form and gotten an increase of 18, 20, 30 each time.
  12. If I recall, Adv. Financial really has 2 buildings across the street from each other on Church. One seems like a regular store and the other is their HQs. As noted, the gas station has already been demo'd.
  13. Great post and info. Kroger on Rosa Parks needs a complete renovation.
  14. Lot Sales / Complete Tear Downs are heating up in HBV, new construction will soon follow.
  15. http://www.engadget.com/2015/01/26/google-fiber-rollout/ WSJ: Google Fiber is coming to Atlanta, Nashville and North Carolina
  16. Wonder how much longer 65N between Trinity & Dickerson Pike will take. North of 24 is looking pretty good. The barrier walls are up almost 100%, the base foundation for the new lanes has been poured on both sides. Southbound still has some major work to do, fix the 24W exit from 65S, Still need to complete barrier walls and lay base foundation laid south of 24W
  17. Really looking forward to seeing the development of on Arthur in HBV. Large lots, a mix of new townhouses, renovated homes and several prospective renovation or tear downs.
  18. Jim & Trust Development have sold Gramcery site (Monroe & 7th) to Hidden Valley Homes behind paywall on Nashville Post https://www.nashvillepost.com/news/2015/1/7/germantown_row_house_project_to_get_new_developer
  19. Great find, I also saw that a townhouse on Arthur you brought to the board has been framed up very quickly, looks to be good size units as well, maybe 2,400+ sq ft in each
  20. I asked Beaman if he'd consider selling part of that land near the Gulch. "I don't want to mess with the hassle, unless we can somehow keep most of what we've got and stick some serious money in our pocket," Beaman said. He added: "I will listen to somebody."
  21. I spoke with the buyer's agent, Bankhead sold all the lots for 175,000 to a non-developer who will probably sell them to a developer. The agent said the buyer would have paid up 260,000 for the land.
  22. Just got a text from a buddy that the lot at 1508 Arthur Ave owned by Augustus Bankhead has a "sold" sign on it. Bankhead owns 1508, 1510, 1512, and was holding firm on a price for all the parcels of 250,000 last year, will try to follow up and call the listing agent.
  23. I was about to say I remember seeing those interior pics about a year ago on /r/Nashville
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