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Additional details
Listed by Scott Drennan • The Focus Group of TN, LLC
$ 460,000
Est. payment | /mo
4,500 SqFt
$ 460,000
Est. payment | /mo
4,500 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $102
MLS Listing ID 3179229
HOA Y/N No
Year Built 1990
Annual Tax Amount $1,439
Property Description
6 unit parcel at 860-866 Lou Ann Lane with 6 manufactured homes on 1.73 acre site. Fully leased. Several units with long time tenants. This is a turnkey deal at the 1% rule which is just hard to come by these days for investors. DO NOT DISTURB TENANTS. 8+% cap rate.
Location
State TN
County Montgomery County
Zoning RM-1
Interior
Heating Electric
Cooling Electric
Flooring Carpet, Laminate
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Other
New Construction false
Schools
Elementary Schools Minglewood Elementary
Middle Schools New Providence Middle
High Schools Northwest High School
Others
Senior Community false
Special Listing Condition Owner Agent
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