Active
$6,500,000

1020 Jefferson Street

Alora Nashville · Nashville, TN

—beds—baths11,410sqft
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Multi-familyBuilt in 20245 parking spaces$570 / sqft

THE PROPERTY

A closer look.

20 beds, 20 baths, 5 half baths portfolio of 5 fully operating short term rental residences within the acclaimed Alora development, one of Nashville’s most desirable new destinations. Alora offers a boutique living experience with more than a dozen curated finish packages across the community, creating individuality and elevated design at every turn. Licensed non-owner occupied properties of this quality are increasingly limited, making this offering an exceptional opportunity for investors seeking scale, performance, and long term upside in a thriving market. Each residence is fully furnished and meticulously prepared for immediate operation. Layouts feature 4 bedrooms, 4.5 baths, and open living spaces finished with premium materials. Chef inspired kitchens include high efficiency appliances, gas ranges, and expansive quartz countertops. Private rooftops extend the living experience outdoors, offering either fire pits with sweeping views of downtown or covered terraces with televisions, grills, and stylish furnishings. These amenities elevate the guest experience, drive premium nightly rates, and create memorable stays that encourage repeat bookings. The Alora community is fully access controlled and ideally positioned 1.5 miles from Broadway’s world famous honkytonks, minutes from Germantown’s acclaimed restaurant scene, and just 1mile from Amazon and Oracle’s East Bank headquarters. Centennial Park, Midtown nightlife, and Vanderbilt University are also nearby, ensuring consistent guest demand across multiple travel segments. Phase 2 of Alora will introduce a luxury resort style pool, a modern fitness center, and additional outdoor gathering areas, further enhancing guest appeal and strengthening long term value. Collectively the portfolio sleeps up to 60 guests and may qualify for 100% bonus depreciation with proper structuring. Immediate operational capacity, proven performance, and new amenities underway make Alora an incredibly compelling asset.

THE DETAILS

Facts & features.

Property type
Multi-family
Year built
2024
Parking spaces
5
HOA fee
1250
Annual taxes
$36,974
MLS number
3001755
Listed on
August 27, 2025

THE LOCATION

Find your bearings.

1020 Jefferson Street · Nashville, TN

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THE TIMELINE

Price & listing activity.

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Listing information

Listed by Grant Hammond, Broker, ABR, SRS, SFR, ePRO
Compass RE

Listing office / agent contact: 6159457123

MLS 3001755

Source record updated: September 28, 2026.

Some properties shown may not be eligible for short-term rental use. Inclusion on this website does not guarantee STR eligibility or permit approval. Before purchasing, independently verify zoning, permit requirements, HOA rules, deed restrictions and any other limitations on your intended use.

$6,500,000