Dave Ramsey doubles his money with $3.8 million sale of downtown office building

Breakfast restaurant Wild Eggs, Luna Law Group are tenants at 333 Union St. which is known as the site of President Andrew Jackson's first law office.

Getahn Ward
The Tennessean
  • In late 2011, Dave Ramsey paid $1.6 million for the building at 333 Union St.
  • He's sold it for $3.8 million to an entity linked to Nishith Jobalia and Nayan Patel.
  • The location on Union Street was reportedly the site of deceased former U.S. President Andrew Jackson's first law office until 1796.
Financial guru Dave Ramsey paid $1.6 million for the building at 333 Union St. in 2011 and just sold it for $3.8 million.

Radio talk show host and financial adviser Dave Ramsey has sold a downtown Nashville office building for more than double what he bought it for 5½ years ago.

An entity whose address matches a Franklin hotel owned by businessmen Nishith Jobalia and Nayan Patel paid $3.8 million for the four-story building at 333 Union St.

Luna Law Group is an office tenant at the 34,000-square-foot building, which has two vacant floors. Breakfast restaurant Wild Eggs occupies ground-floor retail space.

In late 2011, Ramsey paid $1.6 million for the building, which sits on a 0.16-acre site.

The building has been known as the Jackson law office because it was reportedly the site of former President Andrew Jackson's first law office until 1796.

Wild Eggs is the tenant for ground-floor retail space at 333 Union St.

Ramsey, who hosts "The Dave Ramsey Show," couldn't be reached for comment.

Jobalia wasn't immediately available for comment, and Patel declined to comment.

Reach Getahn Ward at gward@tennessean.com or 615-726-5968 and on Twitter @getahn.