4th & Elm Nashville:
Purpose-Built Group Travel Luxury Hotel Investment
Strong, passive equity returns and appreciation
Proven Track Record With 4 Successful Nashville Developments Already Completed—Limited Capital Positions Now Available For Our Fifth Project
Projected Annual Returns: 18%
Preferred Return: 8%
Profit Split After Preferred: 70/30 (investor/sponsor) until 16% IRR, 50/50 thereafter
Hold Period: 3-5 Years
Equity Multiple: 2.00+
Asset Type: Group Travel Hospitality
Investment Structure: PPM
Investment Objective: Capital Appreciation + Exit
IRA Eligibility: Eligible
Minimum Investment: $250,000
Sponsored and managed by John Bogdasarian, CEO of Promanas Group, a boutique real estate investment firm with over $1.5 billion in transactions, serving 500+ accredited investors.
Investor Benefits
Equity Returns
The project targets 18% annual returns through development, stabilization, and strategic exit via refinance or sale.
Tax-Efficiency
Provides tax advantages using pro rata, pass-through depreciation benefits and IRA eligibility, helping investors maximize returns.*
Passive Ownership
Experienced development and hotel management provides hands-off real estate exposure without the complexities of direct investment.
Achieve Higher Asset-Backed Returns
4th & Elm Nashville targets 18% annual returns. While we believe these to be conservative projections, they are significantly higher than other traditional investment vehicles.
Returns Comparison
- Projected 4th & Elm Nashville PPM 18%
- Historical S&P 500 9.8%
- Real Estate Investment Trusts (REITs) 3.9%
Proven Track Record In Nashville and Beyond
Promanas & CA South (our development partner) have already delivered four successful Nashville hospitality and residential projects
We’ve now positioned 4th & Elm to be our best Nashville project yet.
Leveraging valuable insights from our last 4 successful projects, we’ve pinpointed exactly how to deliver the premium group experience in Nashville’s booming hospitality market.
Hyve
- 629 7th Avenue South, Nashville, TN
- Asset Type: 83-Unit Residential Condominium Development with retail and office street level
- Status: Complete
- 1 acre (raw dirt) in the heart of Pie Town
River Tower — Eve
- 700 1st Avenue, Nashville, TN
- Asset Type: 37-Unit Residential Condominium Development
- Status: Complete
- On the Cumberland River and a few blocks off lower Broadway, aka Honky Tonk Row
Alina
- 806 Olympic Street, Nashville, TN
- Asset Type: 5-Story, 51-Unit Residential Condominium Development
- Status: Complete
- Steps from The Gulch, Nashville's Premier Urban Neighborhood
Illume
- 909 Hawkins Street, Nashville, TN
- Asset Type: 5-Story, 75-Unit Condominium Development
- Status: Complete
- Steps from The Gulch, Nashville's Premier Urban Neighborhood
Other Premier Promanas Projects
BLVD Sarasota
- 500 North Tamiami Trail, Sarasota, FL
- Asset Type: 49-Unit Luxury Condominium Development
- Status: Complete
- On the Famed Boulevard of the Arts, in the Heart of Downtown Sarasota's Culturally Rich Rosemary District
Observatory Flats
- 2360 University Blvd., Denver, CO
- Asset Type: 52-Unit, Multi-Story Condominium Development
- Status: Complete
- One Block from the University of Denver & Steps from Local Parks, Bars, & Shopping
Jeff Park
- 2719 West 28th Street, Denver, CO
- Asset Type:56-Unit Condominium Development
- Status: Complete
- Jefferson Park: Great Dining, Bars, & the Mile High Stadium
Kingsley Condominiums
- 218 W. Kingsley Street, Ann Arbor, MI
- Asset Type:5-Story, 51-Unit Condominium Development
- Status: Complete
- Located a Few Blocks From Vibrant Downtown with Premium Dining, Bars & Shopping
4th & Elm Nashville Project Overview
This innovative, purpose-built hotel uses our new group demand optimization strategy where we’ve stacked our extensive Nashville experience all under one roof.
Development Fundamentals
11-story mixed-use development in downtown Nashville
132 multi-bedroom suites (421 total bedrooms)
Targeting group travel market (bachelorette parties, corporate retreats, weddings)
World-class, professional hotel management by Schulte Hospitality Group
T-Square Social anchor tenant (20,000 SF entertainment venue)
Projected Financial Structure
Total Equity Requirement: $57M-$76M
Debt Financing: 60-70% LTV ($114M-$133M)
Investment to Date: $24M (land acquisition & entitlements)
Projected Sale Price: $331M
Projected Net Profit: $165M
Competitive Advantages
Purpose-built for group travel (vs. scattered STR properties and traditional hotels
Flexible room configurations to maximize revenue across market conditions and seasonal demand-patterns
Centralized hotel operations with controlled pricing
Schulte Hospitality Group delivering world-class operations & seamless guest experience
Best-in-class amenities drive premium pricing and repeat bookings
Strategic Nashville Market Location
17.1M people visited Nashville in 2024
7.9 million stayed in hotels and 1.2M in short-term rentals
Booming market with proven demand for world-class group hospitality
Walking distance to Broadway (Honky Tonk Row)
Prime location between Pie Town, SoBro, and Wedgewood Houston neighborhoods
Oracle’s $1.2 billion world headquarters investment creating 65-acre campus nearby
Get 4th & Elm Investment Documents
Get access to due diligence materials and learn more:
Investor Prospectus
Deal Strategy
Deal Terms