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1509 High School Dr
Union City, TN 38261
Villages of Autumnwood · Multifamily Property For Sale
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64 Units
Investment Highlights
- Rents are currently $78 below market rate
- The roofs on the 8-plexes, located at 1509 High School Drive, were replaced in 2018
- PVC and galvanized piping used for water
- 32 units have been fully renovated
- Roofs on the duplexes were replaced between 2014-2016
- Units 1-24 are metered for electric and water on 3 separate meters. All other units are individually metered for water and electric.
Property Facts
| No. Units | 64 | Lot Size | 5.52 AC |
| Property Type | Multifamily | Building Size | 49,600 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1968 |
| Building Class | C | Parking Ratio | 2.62/1,000 SF |
| No. Units | 64 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.52 AC |
| Building Size | 49,600 SF |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 2.62/1,000 SF |
Amenities
Unit Amenities
- Balcony
- Disposal
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Maintenance on site
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $678.50 | 700 |
| 2+1 | 60 | $678.50 | 775 |
| 3+1 | 1 | $929.00 | 850 |
| 3+1.5 | 1 | $750.00 | 850 |
Property Taxes
| Parcel Number | 058A-E-001.00 | Improvements Assessment | $426,480 |
| Land Assessment | $48,520 | Total Assessment | $475,000 |
Property Taxes
Parcel Number
058A-E-001.00
Land Assessment
$48,520
Improvements Assessment
$426,480
Total Assessment
$475,000
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