Historical Multifamily Sale Listing - OWNER FINANCING**PINECREEK 38 UNIT APARTMENT

Multifamily For Sale

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OWNER FINANCING**PINECREEK 38 UNIT APARTMENT

717 20TH STREET SE, Cleveland, TN 37311

N/A

38 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
38
Building Size:
24,276 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
12%
Occupancy:
90%
Lot Size:
2.25 AC
Listing ID
16336896
Last Updated
over 1 year ago

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

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

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