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Browse More Listings in Multifamily For Sale, Newport, TN or Tennessee

Multifamily Property For Sale

407 Rankin Road

407 Rankin Road, Newport, TN 37821

Price:
$131,000
No. Units:
2
Building Size:
1,617 SF
Price/Unit:
$65,500
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2.4%
Cap Rate:
6.13%
Occupancy:
100%
Find Out More...

Last Verified 11/6/2009 Listing ID 16284028

Description

Absolutely great condition, large 24 ft deep 1 car garage, ample parking. Interior drywall, built 1997, pride of ownership, one side owner occupied.

East on Highway 25/70 left on Highway 321, left on Smith, property on right corner of Smith & Rankin, on left see sign.

Financial Summary

Actual
Net Operating Income
$8,030.30

Map of 407 Rankin Road, Newport, TN 37821 (Cocke County)

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Created 6/18/2009

Additional Information for 407 Rankin Road, Newport, TN 37821

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale -

407 Rankin Road, Newport, TN, 37821