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118 N Main St

8 Unit Apartment Building $2,402,612 CAD ($300,326 CAD/Unit) 6% Cap Rate Springfield, TN 37172

Apartment Buildings Tennessee Springfield 118 N Main St, Springfield, TN 37172

Executive Summary

Great investment Opportunity on these 8 units located in Historic Springfield -Selling as a Whole but each unit is deeded separately so you could divide later if you desired - 6 townhomes of 2 bedroom 1 1/2 baths - Flats offer 2 bedrooms 2 baths-All units have been updated with new flooring, paint - well cared for! Kitchen Appliances Remain! Roof apprx 8 years old! New development and plans to update and upgrade existing buildings nearby! Current tenants would like to remain ! !00% Occupancy - long time tenants!

Attachments

118 N Main St Commercial Property Disclosure

Property Facts

Price $2,402,612 CAD Apartment Style Townhome
Price Per Unit $300,326 CAD Building Class B
Sale Type Investment Lot Size 0.69 AC
Cap Rate 6% Building Size 8,548 SF
Sale Conditions Bulk/Portfolio Sale Average Occupancy 100%
No. Units 8 No. Stories 2
Property Type Multifamily Year Built 1973
Property Subtype Apartment
Price $2,402,612 CAD
Price Per Unit $300,326 CAD
Sale Type Investment
Cap Rate 6%
Sale Conditions Bulk/Portfolio Sale
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.69 AC
Building Size 8,548 SF
Average Occupancy 100%
No. Stories 2
Year Built 1973

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(615) 384-7355

  • Listing ID: 33489975

  • Date on Market: 2024-10-11

  • Last Updated:

  • Address: 118 N Main St, Springfield, TN 37172

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118 N Main St
(615) 384-7355 x

118 N Main St

Andy Brown

(615) 384-7355

(615) 384-7355

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