100 Canzanda Place, Erwin, TN 37650
Commercial property for sale
100 Canzanda Place, Erwin, TN 37650
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- Description
- 18 great looking apartment units located on a creek in Erwin walking distance to Nuclear Fuels. All units are 1 bed 1 bath with renter paying their own expenses such as water, sewer, cable, and power. Apartments were built in 1996 and are built with mostly brick with a crawl space and front porches on each unit. Landlord performs most of his own maintenance and lives on site. Financials reflect as if a paying renter lived in his unit. Complex stays 100%full all the time as the rents are low for the area and the amenities offered to tenants. Average sq ft per unit is 576 x18 units =10,368 sq ft. Thats a low $67.42 per sq ft including land cost, you cannot built this complex this cheap in todays market. Rents are at $350/month Building price details: $699,000.
- Property Details
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Property Type: Multifamily Use Types: Low-Rise/Garden Status: Available Price: $ 38,833 +/Unit Number of Stories: 1 Year Built: 1996 MSA: Johnson City Zoning: Multi Family Buildings: 18 Construction: Brick Terms: Cash to Seller Added: 01/03/2012 Last Update: 09/11/2012 - Contact info
- 423-915-0911 [Office]
- Note
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