This property is Off-Market

717 20TH STREET SE
Cleveland, TN 37311 ·

38 Units · Multifamily For Sale

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OWNER FINANCING**PINECREEK 38 UNIT APARTMENT

Price N/A Property Use Type Investment
No. Units 38 Commission Split 3%
Building Size 24,276 SF Cap Rate 12%
Property Type Multifamily Occupancy 90%
Property Sub-type Mid/High-Rise Lot Size 2.25 AC
Listing ID: 16336896 Date Created: 07/29/2009 Last Updated: 02/02/2011

Description

38 UNIT COMPLEX. 20 ONE BEDROOMS AND 18 TWO BEDROOMS. NEW ROOFS. NEW PAINT. MANY NEW AC UNITS. LOCATED CLOSE TO INDUSTRIAL PLANTS, COCA COLA BOTTLING COMPANY AND APX 10-15 MILES FROM NEW 1 BILLION DOLLAR (VW) VOLTS WAGON ALSO WACKER CHEMICAL IS BUILDING A 1 BILLION DOLLAR CHEMICAL COMPANY IN CLEVELAND AS WELL. ONLY 5-15 MINUTES AWAY. . **OWNER may FINANCE WITH 20% down**

Agent willing to put in $40,000 for a silent ownership interest.

CLEVELAND TN 20 MINUTES FROM CHATTANOOGA TN AND 20 MINUTES FROM DALTON GA THE CARPET CAPITAL OF THE WORLD

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717 20TH STREET SE, Cleveland, TN 37311 (Bradley County)

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