Luxury Nashville Homes and Condos – Remarkable Homes by Grant Hammond

Remarkable Homes is dedicated to serving the wealth based real estate market in the Middle Tennessee area including, but not limited to: Nashville, Belle Meade, Brentwood, Franklin, and Cool Springs. We take great pride in our ability to locate, procure, and modify luxury estate homes and residences for some of the most discerning individuals in the United States. Our clientele includes more than 40 Fortune 500 executives, past US Congressmen, and of course, country music stars.

Many of Nashville's most prominent residents choose to utilize our world class portfolio management services, investment services, and naturally, our resale services. For information, please email Grant@RemarkableHomes.com or call Grant direct: 615-945-7123

Nashville's diverse housing market has many exquisite choices. We will help you make the best choice rather it be a downtown condo with incredible views or a rolling 18 acre estate. For more housing support, investing guidance, financing updates, and community discussions visit our Nashville blog.

Downtown Nashville Condo Market

I have lived in Nashville since 1990 and never has there been a period when the true landscape of downtown has changed as drastically as now. Since 2004 there have been several new projects of note either built or currently under construction. To list a few: The Viridian Condos, The Encore Condos, The Icon Condos, The Terrazzo Condos, The Velocity Condos, The Adelicia Condos, The West End Condos, The Enclave Condos, The Bristol West End Condos, The Signature Tower, The Pinnacle Commercial Tower, The SunTrust Commercial Tower, The Schermerhorn Symphony Hall, The Intercontinental Hotel, The Hotel Indigo, and many other mid-sized or boutique projects.

As one may guess, it will take time to absorb all of this new space and thus, there will be a period within which investors can make some serious money. Nashville’s increasing rental rates, mortgage rates in sharp decline, and Remarkable Homes’ unique ability to identify and acquire these opportunities allow you to capitalize first.

Why Invest in Downtown Nashville?

We love this question. The simple and true answer is that our downtown is underutilized, underserved, and underpriced. Nashville has a MSA population that exceeds 1.5 million, but only 4,500 people live downtown. The reason is that cheap suburban sprawl coupled with the lack of an urban growth plan allowed the surrounding counties to grab a large number of businesses and residents. That has all changed with the advent of the Nashville Civic Design Center and The Plan of Nashville in 2004. There is now a very clear path that will guide the residential, commercial, and retail development corridors of the city for the next 16 years and we are poised to take advantage of those areas.

The first sign of things to come is the fact that Nashville overwhelming elected a pro growth mayor in Karl Dean. 90 days into office he has taken the reigns of the convention center issue and is wrestling it into existence. Currently Nashville operates the 115th ranked convention center in the United States, a far cry from the current demand, let alone the future demand, but Dean is pushing through a new $635,000,000 mega center that will fulfill all of Nashville’s needs. This center will be under construction by late 2009 and will eventually provide the city with 36,000 new jobs, 1 million new visitors a year, $65 million in new annual tax revenue, and inject $800 million into our downtown economy annually.

Obviously, a new downtown convention center is not the only factor that contributes to a city’s future real estate growth. The business environment and culture has to be inviting and Nashville has a great pitch: no state income tax, low property taxes, available corporate tax credits, and one of the world’s friendliest citizenship. According to the Nashville Chamber of Commerce, there are currently 42 major corporations considering moving to the Nashville area. It is no stretch to believe that at least a dozen will make the move since recently Nissan North America, Caremark Rx, Mars, and Louisiana Pacific made the move. In addition, it is known that Verizon and Google will also be opening regional offices soon.

The Conclusion

The downtown Nashville gold rush has yet to happen. We predict that within the next 2 years commercial and retail property values will begin to increase sharply and then spike in 4-5 years. Now is the time to lay roots in the area and to begin speculating in underutilized areas of the central business district, market district, music district, Sobro, and Gulch areas before other developers make their move first. Tower Investments of California, Bowtie Partners of NYC, and the Lionstone Group of Houston have all already made significant plays, but there is still plenty of opportunity for large and medium groups to make their mark.

We Believe in the Downtown Condo Market

A lot of real estate agents will tell you that they believe in the downtown Nashville Condos, but I am one of the few agents who has put my money where my mouth is. I own 3 condos in The Enclave, 2 condos and 1 townhome in The District Lofts, 2 condos in The Icon, 2 Lofts in Werthan Mills, 1 townhome in Madison Square, 2 condos and 1 townhome in Lenox Village, and a condo in The Encore. I also have put money down to purchase condos in The Velocity, The Rhythm, The Chesterfield, The Glen, and The Signature Tower. I consider all of these purchases to be great investments and expect to hold on to them for 2-5 years. I believe that it is important for you to know that I invest in my own market as I have helped investors purchase more than 150 investments properties over the past 18 months.

Nashville Homes and Estates

If you have never been to Nashville you will be surprised when you begin your home search. Nashville has a rich variety of historic 19th century homes, renovated craftsman gems, regal stone bungalows, all brick row homes, and sprawling urban estates. Sure, there are plenty of brand new homes that dot the city’s landscape, but it’s the renovated historic homes and estates that we consider Remarkable. If you are seeking these one of kind homes, you should consider the Belle Meade, Hillwood, Historic Richland, Forest Hills, West End, Historic Edgefield, and Lockeland Springs areas.

A Little about Grant Hammond

An eight year veteran of the real estate profession, Grant Hammond is the owner & founder of Remarkable Homes. Mr. Hammond is also a founding partner in Summit Property Management, Inc., Cumberland Commercial Partners, Inc., and the Cerebral Fund. Prior to founding Remarkable Homes, Grant was a prominent team member on the HummerHomes Team in Brentwood, TN for 3 years. During his tenure on the team, Grant oversaw a 400% increase in residential sales and began the investor portfolio sales and wealth asset management departments. Prior to his work with the HummerHomes Team, Grant was a co-founder and the Chief Operating Officer for AgentSource, an online-based relocation company. AgentSource is where Grant first learned of the power of the internet as it pertains to the real estate industry and applied his SEO knowledge to create a multi-million dollar company within just one year. Mr. Hammond takes great pride in his companies’ use of innovative technology, end user driven ergonomics, and the transparency by which each company operates. Each company provides you with the highest level of service through acute market knowledge, flawless execution, and individual service.

Remarkable Homes is an affiliate of Realty Executives International:
Realty Executives Fine Homes
1600 Westgate Circle, Suite 100
Brentwood, TN 37027
615-376-4500
615-376-4555