Cap Rate
3.98%
Units
8
Year Built
1964
Leasable Area
6,477 SF
Property Type
Apartments
INVESTMENT HIGHLIGHTS
- 8 Units – 7: 1+1 and 1: 3+1
- Large Floor Plans: 1+1 ±647 SF and 3+1 ±1,032 SF
- 49% Upside on Rents (MTM Leases)
- Building Upgrades: Five Car Ports (±250 SF) and One Garage (±441 SF)
- Building SF: ±6,477 SF
- Lot Size: ±20,515 SF (±0.45 AC)
- Zoning Code DH-2 allows for 35,901 of Buildable Square Footage and Maximum Height of four stories or 45 Feet
Broker of Record
- Kyle Matthews
- License No. CQ1066435 (FL)
- 8668990550
- Matthews Real Estate Investment Services Inc.
- 1600 West End,
Ste. 1500 Nashville, TN 37203