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Renovated 14-Unit Hotel Property
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1705 State St, Nashville, TN 37203

Renovated 14-unit hotel with a central courtyard, 12 one-bedroom units and 2 studio units, plus 14 parking spots.

Property SizeContact for details
Days on Market128

Property Features for 1705 State St

General Information

Standard status Active
Property subtype Hospitality, Multifamily, Retail
Listing Agency: Compass Nashville/Gulch
Listed By: Randy Holland · License #TN 329085
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 11:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Nashville/Gulch

Investment Insights

Based on property information with market context.

1705 State Street is a renovated 14-unit hotel property built in 1962. The building is comprised of 12 one-bedroom, one-bath units and 2 studio units. Improvements include all-new plumbing, tankless instant hot-water, HVAC, kitchens, and bathrooms. The property also features a landscaped central courtyard with a bocci-ball court. There are 14 parking spots included.

The asset is located just south and west of downtown Nashville in Midtown, within walking distance to bars, coffee shops, restaurants, hospitals, and Vanderbilt University.

The property is master leased to a national credit hospitality tenant. Separate from short-term rental operations, it is zoned and permitted as a hotel, helping preserve use under changes to local short-term rental laws.

Key Highlights

  • 14‑unit hotel property with 12 one‑bedroom, 1‑bath units and 2 studio units
  • Completely renovated building with all‑new plumbing, tankless instant hot‑water, HVAC, kitchens, and bathrooms
  • Central landscaped courtyard with bocci‑ball court

Property Analytics

Current Use

Apê Nashville Vacation Rental Sonder The Stat Hotel & Motel

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Florist Tanning Salon HVAC Service Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,987
Businesses Nearby

Demographics for 37203, TN

20,429
Population
16,422
Households
1.2
Avg Household Size
30
Median Age
67%
College-Educated
93%
High-School Grad
4.2 sq mi
ZIP Area
4,864
Density / Sq Mi
$69,671
Median Household Income
$55,399
Median Earnings
$1,881
Median Rent
$519,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Renovated 14-unit hotel with a central courtyard, 12 one-bedroom units and 2 studio units, plus 14 parking spots.
Where is this hotel located?
The property is located at 1705 State St Nashville, TN.
What are key features of this property?
This property features: 14‑unit hotel property with 12 one‑bedroom, 1‑bath units and 2 studio units; Completely renovated building with all‑new plumbing, tankless instant hot‑water, HVAC, kitchens, and bathrooms; Central landscaped courtyard with bocci‑ball court
More about this property
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