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Hickory Hill Townhomes 1012-1032 Hickory Hill Ln 12 Unit Apartment Building $2,200,000 ($183,333/Unit) 6.01% Cap Rate Hermitage, TN 37076
Investment Highlights
- Great investment opportunity
- All leases are month to month
Property Facts Under Contract
| Price | $2,200,000 | Apartment Style | Low-Rise |
| Price Per Unit | $183,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.24 AC |
| Cap Rate | 6.01% | Building Size | 12,600 SF |
| No. Units | 12 | Average Occupancy | 91% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1980 |
| Zoning | RS10 | ||
| Price | $2,200,000 |
| Price Per Unit | $183,333 |
| Sale Type | Investment |
| Cap Rate | 6.01% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.24 AC |
| Building Size | 12,600 SF |
| Average Occupancy | 91% |
| No. Stories | 2 |
| Year Built | 1980 |
| Zoning | RS10 |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 12 | - | 1,050 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $636,240 | |
| Land Assessment | $206,400 | Total Assessment | $842,640 |
Property Taxes
Parcel Numbers
Land Assessment
$206,400
Improvements Assessment
$636,240
Total Assessment
$842,640
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Hickory Hill Townhomes | 1012-1032 Hickory Hill Ln
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