Radio's Dave Ramsay Doubles His Money With Sale of Property

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., according to The Tennessean.

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.