Bought with Steve Ross
$2,290,000
$2,290,000
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36,736 SqFt
SOLD DATE : 07/15/2021
Key Details
Sold Price $2,290,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 36,736 sqft
Price per Sqft $62
MLS Listing ID 2244152
Sold Date 07/15/21
HOA Y/N No
Year Built 1980
Annual Tax Amount $21,142
Lot Size 4.000 Acres
Acres 4.0
Property Description
Multifamily Investor Opportunity! Here's the one you've been waiting for! 36 unit development on 4 acres with room to build more. Directly across from Tims Ford Lake. All 2 bedroom, 1.5 baths, 1000+ sqft townhomes. All units have their own washer/dryer units and appliances. 6 of the 36 units have been fully remodeled. The current Property Manager lives on-site in one of the remodeled units. All rents are being taken up to a market rate of $725+ per month going forward.
Location
State TN
County Franklin County
Zoning C4
Interior
Heating Electric, Central
Cooling Electric, Central Air
Flooring Carpet, Tile
Fireplace N
Exterior
View Y/N false
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools North Lake Elementary
Middle Schools North Middle School
High Schools Franklin Co High School
Others
Special Listing Condition Standard
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