340 Briar Ave, Jamestown, TN 38556
- Sqft
- 25,980
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Overview
Tremendous capital-producing investment with upside! Offering a 43 unit apartment complex in Jamestown, TN with a strong cap rate around 8%. These units have an impressive high occupancy history and potential to increase cash flow (the only units not currently occupied are the ones undergoing a remodel). Current owners have updated approximately 25% of the units (in transition time between tenants), and they continue to improve this asset as we go to market. Turn-key operation with immediate cash flow. This real estate will appreciate in value as you profit from the cash flow that results from the impressive cap rate.
Location
Full feature list
Basic info
- Property type
- Condo/Co-op
- Square feet
- 25,980
- Year built
- 1993
Utilities
- Heating
- Electric
- Cooling
- Central Air
Taxes
- Tax Annual Amount
- $7,316.88
Public schools
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Sourced from: Upper Cumberland Association of Realtors MLS®#: 242556 Last checked: …
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