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855 Brown Ave NW

8 Unit Apartment Building $1,592,640 CAD ($199,080 CAD/Unit) 7.30% Cap Rate Cleveland, TN 37311

Apartment Buildings Tennessee Cleveland 855 Brown Ave NW, Cleveland, TN 37311

Executive Summary

Cleveland Tennessee Apartment Building for Sale located near Lee University. 4 - two bedroom apartments and 4 - one bedroom apartments, all City utilities, separate meters, upper and lower parking. Cleveland Tennessee ranks 5th Best Place in U.S. to work in Manufacturing and employee housing is in demand. Conveniently located off I-75 and in the Heart of Cleveland. Additional apartment buildings for sale, call for details.

Data Room Click Here to Access

Property Facts

Price $1,592,640 CAD Apartment Style Low Rise
Price Per Unit $199,080 CAD Building Class C
Sale Type Investment Lot Size 0.24 AC
Cap Rate 7.30% Building Size 5,856 SF
No. Units 8 No. Stories 2
Property Type Multifamily Year Built 1996
Property Subtype Apartment
Price $1,592,640 CAD
Price Per Unit $199,080 CAD
Sale Type Investment
Cap Rate 7.30%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.24 AC
Building Size 5,856 SF
No. Stories 2
Year Built 1996

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $1,134 CAD 488
2+2 4 $1,593 CAD 976
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Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 049K-H-003.00 Improvements Assessment $177,636 CAD
Land Assessment $16,108 CAD Total Assessment $193,744 CAD

PROPERTY TAXES

Parcel Number
049K-H-003.00
Land Assessment
$16,108 CAD
Improvements Assessment
$177,636 CAD
Total Assessment
$193,744 CAD

zoning

Zoning Code Commercial (Multifamily)
Commercial (Multifamily)
(423) 813-9800

Contact

  • Listing ID: 32822621

  • Date on Market: 2024-08-15

  • Last Updated:

  • Address: 855 Brown Ave NW, Cleveland, TN 37311

The Downtown Cleveland Multifamily Property at 855 Brown Ave NW, Cleveland, TN 37311 is currently available. Contact Keller Williams Cleveland for more information.

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855 Brown Ave NW
(423) 813-9800 x

855 Brown Ave NW

William Eilf

(423) 813-9800

(423) 813-9800

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