Multi-Family Rentals & Storage - TN | 6362 Maynardville Hwy
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Multi-Family Rentals & Storage - TN 6362 Maynardville Hwy
5 Unit Apartment Building $1,374,175 CAD ($274,835 CAD/Unit) 8.22% Cap Rate Maynardville, TN 37807
EXECUTIVE SUMMARY
NOI $78,095 | 8.22% CAP
4 lots for a total 2.07+/- acres with a 5 unit apartment complex, 2 houses and 3 trailer rental properties. A coin operated laundry facility and 5 self-storage units enhancing convenience for tenants and provide additional income. This investment promises stable rental returns.
4 lots for a total 2.07+/- acres with a 5 unit apartment complex, 2 houses and 3 trailer rental properties. A coin operated laundry facility and 5 self-storage units enhancing convenience for tenants and provide additional income. This investment promises stable rental returns.
PROPERTY FACTS
| Price | $1,374,175 CAD | Property Subtype | Apartment |
| Price Per Unit | $274,835 CAD | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 8.22% | Lot Size | 2.32 AC |
| Sale Condition | Business Value Included | Building Size | 3,756 SF |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1974 |
| Price | $1,374,175 CAD |
| Price Per Unit | $274,835 CAD |
| Sale Type | Investment |
| Cap Rate | 8.22% |
| Sale Condition | Business Value Included |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 2.32 AC |
| Building Size | 3,756 SF |
| No. Stories | 1 |
| Year Built | 1974 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 2 | - | - |
| 2+2 | 1 | - | - |
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PROPERTY TAXES
| Parcel Number | 036-053.01 | Improvements Assessment | $108,868 CAD |
| Land Assessment | $12,708 CAD | Total Assessment | $121,576 CAD |
PROPERTY TAXES
Parcel Number
036-053.01
Land Assessment
$12,708 CAD
Improvements Assessment
$108,868 CAD
Total Assessment
$121,576 CAD
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Multi-Family Rentals & Storage - TN | 6362 Maynardville Hwy
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