614 Skyview Dr • East Nashville, TN
Deal Analysis
Purchase Price: $561,317
Rehab Cost: $515,000
After Rehab Value: $1,500,000
Projected Time Frame: 13 months
Projected ROI Investors & Lenders: $155,250
Existing Property Details
Year Built: 1946
Total Sq Ft: 1,845
Bed/Bath: 3 Bd / 3 Ba
Lot Size: .34 acres
Existing Property Highlights
Great little brick house sitting on 1/3 of acres backing right up to Shelby Golf Course. The house itself has a great bones and will give us a great starting place. This small neighborhood already boasts a number of renovated homes and another handful of current projects including one we own 2 doors down and have nearly completed a monster renovation on it. The city is currently pouring funds into the remodel of the golf course which hopefully will be done about the time we hit the market. This neighborhood is in high demand and seeing home values continuing to increase.
Area Highlights
A quiet little pocket of East Nashville. Situated only steps away from the newly renovated Shelby Golf Course. This location is quite convenient to all of the wonderful shopping, restaurants, live entertainment, etc. that East Nashville offers. Walking distance to Rosepepper Cantina, Two Ten Jacks, and Noke (a few of our favorite eateries). Oh, and be sure to stop and grab some pastries at Five Daughters Bakery.
Renovation Details
This will be a rather large renovation taking the existing house completely down to the studs while significantly changing the floor plan layout on all 3 floors. We will be adding square footage as well. Final house will have right at 2,400 sq ft above grade with another 1,060 sq ft in the walkout basement. The house will also now have several new amenities like a large deck, mudroom, main floor primary suite, etc. Our designer is already excited about some of the finishing touches and trendy East Nashville accents she has planned.
Let's get started!
Use this form to contact the Benton Group or call us at 615.200.8706
