Plus, Nashville SC advance to the Leagues Cup semifinals.
 
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51º | Cloudy | 0% chance of rain | Sunrise 6:58 a.m. | Sunset 4:48 p.m.
 

Nashville’s in vacation mode

Nashville named a top spot to buy a vacation house
A view of the Nashville skyline from the Cumberland River.
Nashville was just shy of making the Top 10. | Photo by @cj.design
Music City is one of the top places in the US to buy a vacation home, according to Vacasa’s annual rankings.

The Portland-based company’s 2023 report ranks the top 25 cities to purchase a vacation rental property based on capitalization (cap) rate — or rate of return on your investment. This year, Nashville claimed the No. 11 spot, and here’s why:

Cap rate: 5.11%
Annual gross rental revenue: $39,086
Median home price: $432,100

Vacasa said Nashville’s climb from No. 19 in 2022 to No. 11 this year can be attributed to being a hot spot for music, culture, and business. The city’s ever-growing restaurant scene gets a shout out, too.

Crunching the numbers

Vacasa determined the top vacation rental markets by:
  • Analyzing home sales and vacation rental performance data from the last 12 months
  • Using actual performance data for the market to determine average gross rental income
  • Looking at averages for property taxes, utilities, HOA fees, insurance, and property management fees to calculate the average cap rate
Nashville, Gatlinburg (No. 18), and Killington, Vermont (No. 17) are the only non-waterfront cities on the list. The top three places to buy a vacation home right now are Lake Anna, Virginia; Okaloosa Island, Florida; and Sandbridge, Virginia.

What’s on the market?

Here are three homes for sale, all under the median home price.

2502 Neldia Ct., Nashville | $384,999 | 2 bed, 1 bath | 848 sqft | Renovated East Nashville home with fenced in backyard.

803 Hillview Heights #206, Nashville | $425,000 | 1 bed, 1 bath | 418 sqft | This non-owner occupied short-term rental property in the Melrose area comes fully furnished.

208 22nd St., Old Hickory | $399,900 | 4 bed, 1 bath | 2,193 sqft | 1930s cozy cottage within walking distance from Blue Turtle Lake Marina.
Events
Monday, Aug. 14
  • Rock & Roll Monday | Monday, Aug. 14 | 7 p.m. | The Franklin Theatre, 419 Main St., Franklin | $10.50+ | Tonight’s music-focused film is 2015’s “Straight Outta Compton” about the rise of music group NWA.
  • Geeks Who Drink Trivia Night | Monday, Aug. 14 | 7-9 p.m. | Jack Brown’s Beer & Burger Joint Edgehill, 1201 Villa Pl., Ste. 102 | Free+ | This seven-round trivia night is modeled after pub quizzes in Ireland and the UK.
Tuesday, Aug. 15
  • Yoga After Work | Tuesday, Aug. 15 + Thursday, Aug. 17 | 6-7 p.m. | Church Street Park, 600 Church St. | Free | Instructor Lauren leads this yoga class in the park — grab a Copper Branch coupon while you’re there.
Wednesday, Aug. 16
  • AEW Presents: Dynamite/Rampage | Wednesday, Aug. 16 | 6:30 p.m. | Bridgestone Arena, 501 Broadway | $34.50+ | This is All Elite Wrestling’s only Tennessee stop this year.
  • Julia Child Birthday Celebration | Wednesday, Aug. 16 | 7-11 p.m. | Margot Cafe & Bar, 1017 Woodland St. | Cost of purchase | Order off a special menu with recipes from Julia Child’s “The Art of French Cooking.”
Thursday, Aug. 17
  • Guided Meditation | Thursday, Aug. 17 | 6-7 p.m. | Frist Art Museum, 919 Broadway | $5+ | Enjoy a meditation practice in the art galleries and bring along a journal for reflections.
Events calendar here
Click here to have your event featured.
Edu

📖 Love learning? This Lifelong Learning program starts Aug. 28
NASH-Lipscomb University Lifelong Learner-8.14.23.JPG
Since 2002, Lipscomb University’s Lifelong Learning program has provided older adults informative, entertaining, and beneficial course options. | Photo provided by Lipscomb University
Hey, retired or semi-retired Nashvillians: This one’s for you. You know that learning doesn’t end when you graduate — but did you know Lipscomb University has a Lifelong Learning program with classes tailored just to you?

Providing retirement or semi-retirement aged people an opportunity to expand their knowledge + explore new ideas in an informal and relaxed environment, the program ensures classes are all about the learning by requiring no exams, grades, credits, or prior education.

Some of our favorite course topics for the Fall 2023 semester (which begins Monday, Aug. 28):
  • The letters of Margaret Mitchell and Herschel Brickell
  • A Civil War deep dive with historian + Civil War expert Thomas Cartwright
  • A Southern hospitality cooking class
  • Local author features
  • Music at the Mansion (back by popular demand)
  • The 2024 Presidential election
  • Native gardening
  • A monthly book club
Bonus: They have single-day classes, too.

Interested? Meet professors, enjoy refreshments + learn more at the Fall 2023 Kickoff Event on Tuesday, Aug. 22.
See more courses + register
News Notes
Development
  • The Midtown building last home to Rebar is slated for upgrades. While it’s unclear what’s going into the building at 1919 Division St., a permit valued at $1.7 million hints at interior renovations and 3,194 sqft in additions. (Nashville Business Journal)
Sports
  • After a thrilling 5-0 win against Minnesota United FC on Friday night, Nashville SC advanced to the Leagues Cup semifinals. The team will face C.F. Monterrey tomorrow, Aug. 15 at 8:30 p.m. It’s a home match, so snag tickets before heading to GEODIS Park.
Plan Ahead
  • Things are heating up in Nashville. The inaugural TN Hot Sauce Expo is coming to Bicentennial Capitol Mall State Park the weekend of Nov. 4-5. Sample hot sauces, sip on craft beer, and watch “extreme eating challenges” on the Stage of Doom. Tickets start at $15.
Plan Ahead
  • Heads up, Smashville. Single-game tickets for the Nashville Predators’ 2023-2024 season go on sale Thursday, Aug. 17 at 10 a.m. The home opener is set for Thursday, Oct. 12 against the Seattle Kraken.
Shop
  • Last chance: MANSCAPED’s annual Summer Sale ends in just two days. Now’s your chance to take advantage of 20% off + free shipping site-wide to save big on their best-selling electric trimmers, premium grooming kits, and UltraPremium formulations. Activate your discount.*
 
Answered

Last week we asked “Have you tried pickleball before?” Here’s how you voted:

Your guide to picking up pickleball in the Nashville area
NASH_Belmont_Pickleball_Aug2023.jpg
Don’t forget to sign-up for Belmont’s inaugural pickleball tournament coming up on Friday, Aug. 25. | Photo via @belmontu
32% — I love it
16% — I’ve played a few times
29% — Not yet, but now I’m planning to
23% — I’ll pass on this one

It sounds like we have some pickleball pros in our presence. And for the 29% of survey respondents excited to try it for the first time, we’ve added four more local courts to our guide.
Where to pick up pickleball
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The Wrap
 
Dylan

Today’s edition by:
Dylan
From the editor
If you’re a fan of cult classic “The Room” and didn’t get tickets to the 20th anniversary midnight screening with Greg Sestero, the Belcourt added an additional showtime on Friday, Sept. 15. Tickets are on sale.
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