Prime Location! 9.2% cap rate! Four bldgs with 5 units each & two bldgs with 4 units each.Each unit 2 bedrooms w/ 1.5 baths & are 1000sq.ft. each.Located on the TN/KY line within 5 mins of 2 exits off of I-65 & within in 5 mins of the industrial park!
Off market
Street View
$3,378,900
110 Highway 259, Portland, TN 37148
--beds
0baths
28,000sqft
MultiFamily
Built in 2008
-- sqft lot
$3,378,900 Zestimate®
$121/sqft
$1,632 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Microwave, Range / Oven, Refrigerator
Features
- Flooring: Carpet
Interior area
- Total interior livable area: 28,000 sqft
Property
Details
- Parcel number: 083016 00900 00016016
- Zoning: RM-1
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 2008
Utilities & green energy
- Water: City Water
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Built Information: Existing
- Cooling Source: Electric
- Electricity Paid By: Tenant
- Electric Meter: Individual
- Listing Type: Owner Agent
- Property Sub-Type: More than 4 Units
- Sale Includes: Appliances
- Sewer System: Sewer
- Water Meter: Master
- Water Paid By: Owner
- Water Source: City Water
- Heating System: Central
- Unit 1 Lease: 6 Month
- Unit 2 Lease: 6 Month
- Construction Type: Partial Brick
- Contingency Type: Financing
- Unit 4 Lease: 6 Month
- Area: 09-Sumner County
- County: Sumner County
- Unit 3 Lease: 6 Month
- Property Class: Multi-Family
- Sq.Ft. Measurement Source: Owner Supplied
- Has Clubhouse: 0
- New Construction: 0
- Number Of Stories: 2.00
- Unit 4 Deposit: 350
- MlsStatus: Under Contract - Showing
- StandardStatus: Active Under Contract
- Number Of Units: 28
- Sq.Ft. Main Floor: 28000
- Tax Amount: 20713
- Zoning: RM-1
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Estimated market value
$3,378,900