217 4th St, Monteagle, TN 37356
Commercial property for lease
- Description
- ATTENTION INVESTORS - RARE OPPORTUNITY - 24 unit apartment complex located in the town of Monteagle (formerly government subsidized - will transfer WITHOUT the rent restrictions) 8 - 1BR 1BA 685 sq ft units, 16 - 2BR 1BA 977 sq ft units. 3 apartment buildings with On-site management office, playground and 40+ paved parking spots. Current rents are at restricted rates and new owner will have opportunity for higher cap rates due to lifted restrictions at sale. Building price details: $799,000.
- Property Details
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Building Name: Woodland Ridge Apartments Property Type: Commercial (Other) Status: Available Lot Size: 2.280 Acres Year Built: 1986 Submarket: Low-Rise/Garden MSA: Chattanooga Zoning: R-3 Buildings: 4 Construction: Brick/Vinyl Siding Terms: Cash to Seller Added: 05/11/2019 Last Update: 06/25/2019 - Exterior Features
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Parking Type: Surface - Contact info
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Pamela D Brown Century 21 Professional Group
- Note
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