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May Rose Place 1070 Florence Rd

64 Unit Apartment Building $6,075,648 CAD ($94,932 CAD/Unit) Savannah, TN 38372

Executive Summary

Great opportunity in a hot area. Chance to make adjustments to the operation to increase NOI

Property Facts

Price $6,075,648 CAD
Price Per Unit $94,932 CAD
Sale Type Investment
Gross Rent Multiplier 8
No. Units 64
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 6.49 AC
Building Size 58,617 SF
Average Occupancy 100%
No. Stories 2
Year Built 2003
Parking Ratio 2.15/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Refrigerator
  • Oven
  • Range
  • Views
  • Walk-In Closets
  • Carpet
  • Smoke Free
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Business Center
  • Clubhouse
  • Laundry Facilities
  • Picnic Area
  • Playground
  • Breakfast/Coffee Concierge
  • Grill
  • Package Service

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 48 - 911
3+2 16 - 911 - 1,092

zoning

Zoning Code B2
B2
  • Listing ID: 32997128

  • Date on Market: 2024-08-29

  • Last Updated:

  • Address: 1070 Florence Rd, Savannah, TN 38372

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