Sold

100 Sherry Ln, Dickson, TN 37055

Sqft
6,848

View property features, location on map, relevant school information and overview from seller's agent.

Listed bySUBURBAN COWBOYS LLC
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Overview

Introducing the Sherry Lane Apartments, a prime investment opportunity featuring two well-maintained quadraplexes in the highly sought-after city of Dickson, TN. Selling at a 7.5% cap rate with room to improve! All units are occupied and a handful are rented under market so there is room for value add and revenue increase! This offering presents a rare value-add opportunity for investors, strategically located within the thriving Nashville MSA. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. At no point should tenants or staff be contacted regarding the sale of the Sherry Lane apartments.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
1
Square feet
6,848
Year built
1979

Utilities

Heating
Central
Cooling
Central air
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount
$6,719

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Realtracs MLS®#: 2942691 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.