206 Edison St W, Fayetteville, TN 37334
- Sqft
- 6,000
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Overview
MRG is pleased to present this multifamily apartment complex in Fayetteville, Tennessee.
This 7-unit apartment building offers investors the opportunity to acquire a cash-flowing multifamily asset with significant value-add potential in Fayetteville. The property is currently generating stable rental income while providing a clear path to increased revenue through continued unit renovations and strategic rent growth
Investment highlights
10% mark to market play with unit renovations completed
Room to increase income by up to 40% with RUBs and laundry income
Value-add opportunity with continued unit renovations and future rent growth potential.
Three units recently renovated, improving property appeal and increasing rental upside.
Strong workforce housing demand near Huntsville's growing employment base, supporting stable occupancy and long-term investment potential.
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of stories
- 2
- Square feet
- 6,000
- Lot size (acres)
- 0.19
- Year built
- 1930
Exterior features
- Horse amenities
- Stable
Utilities
- Heating
- Central
- Cooling
- Wall/window unit(s)
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount
- $1,932
Public schools
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®#: 3255670 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.