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2465 Benton Young Rd
Cookeville, TN 38501
12 Unit Apartment Complex · Multifamily Property For Sale · 12 Units
PROPERTY FACTS
| No. Units | 12 | Lot Size | 1.00 AC |
| Property Type | Multifamily | Construction Status | Under Renovation |
| Property Subtype | Apartment | Building Size | 9,215 SF |
| Apartment Style | Low Rise | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1982/2024 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.00 AC |
| Construction Status | Under Renovation |
| Building Size | 9,215 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1982/2024 |
About 2465 Benton Young Rd , Cookeville, TN 38501
What an incredible opportunity!! Investors dream with this 12 unit apartment complex that is now vacant and ready for some TLC. Seller just ended up with his former property back and is pricing it at a "firesale" to get it SOLD quickly. Total offering provided is the 12 unit apartment building, 2 houses (one is rented for $400/mo) plus a 4,000 square foot home that has been partially renovated PLUS 25 acres that can be for further development. Located just outside Cookeville City Limits. Amazing value at $375,000. Selling "AS IS" on all real estate.There are 2 tracts of land in this offering. One has a 12 unit apartment and one has 2 rent houses. Square feet of 6,290 is apartments only - on 1 acre. Houses are on 553 County Farm Rd, 5,276 sq ft house, both built in 1955. One house is 4,076 sq ft and the rented one is 1,200 sq ft - on 22.61 acres. See attachments for additional information. Apartments - 12 units total, all 2 bedrooms/1 bath there is a 10,000 gallon septic tank for apartments (and also for each house) and each units was previously rented for $450. Smaller house is rented for $400/month. Larger house is in renovation (has a new 400 amp entrance). The only unit rented now is the small house. Offered "As-Is" Apartments are empty and larger home under renovation is empty. Property has surveillance.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | - |
PROPERTY TAXES
| Parcel Number | 039-030.01 | Improvements Assessment | $157,686 |
| Land Assessment | $10,239 | Total Assessment | $167,925 |
PROPERTY TAXES
