About This Home
This 0-bedroom, 0-bathroom multi-family at 340 Briar Ave in Jamestown, TN is listed for $3,200,000 ($123 per sqft). Built in 1993, the home offers 25,980 sqft of living space on a 0.00 acres lot.
Key Features
- Built in 1993
- 0.00 acre lot
Property Details
Amenities
Tremendous capital-producing investment with upside! Offering a 43 unit apartment complex in Jamestown, TN with a strong cap rate around 8%. These units have an impressive high occupancy history and potential to increase cash flow (the only units not currently occupied are the ones undergoing a remodel).
Current owners have updated approximately 25% of the units (in transition time between tenants), and they continue to improve this asset as we go to market. Turn-key operation with immediate cash flow. This real estate will appreciate in value as you profit from the cash flow that results from the impressive cap rate.
Monthly Cost Estimate
$17,114/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
340 Briar Ave
Jamestown, TN 38556
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 340 Briar Ave is listed at $3,200,000 ($123/sqft). The estimated monthly payment is $17,114 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1993, 0.00 acre lot.
This property is listed by Landon Dickerson and can be reached at 9312654804.