Year Built
1967
Leasable Area
64,925 SF
Property Type
Apartments
INVESTMENT HIGHLIGHTS
- 68 Units, Average Unit: 955 SF
- Gross Building Square Footage of 64,925.
- Consists of (23) One Bedroom/One Bathroom, (2) Two Bedrooms/One Bathroom, and (30) Three Bedrooms/One and a Half Bathrooms, and (13) Three Bedrooms/Two Bathroom floorplans
- Lot Size: 2.3 Acres
- Density: 29.6 Units/AC
- Opportunity Zone: Yes
- 11 Buildings
- Wood Frame Construction
- Electric: Individually Metered
- Washer/Dryer Hookups inside each Unit – Tenant owned Machines.
- New Roof in 2016
- Gas Range
- Patios/Balconies
- Walking Distance to 3 Shopping Centers
- Grantwood Shopping Center
- Westside Plaza
- Eisenhower Plaza
- Plumbing Materials: 67% Copper to 33% PVC, and a small portion remains Pex.
- Electrical: Copper Wiring and Standard Outlets.
- Owner renovated 40-units with New Flooring, Kitchens, and Appliances in the last 2 years.
- Renovated & repaired all the Decks throughout the property in the last 2 years.
- All Central HVAC aside from (4) Units with Mini Splits that are 2.5 ton which provides hearing and air.
Broker of Record
- Kyle Matthews
- License No. 80041 (GA)
- (866) 899-0550
- Matthews Real Estate Investment Services, Inc
- 1600 West End,
Ste. 1500 Nashville, TN 37203