217 4th St | Monteagle, TN 37356
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217 4th St
Monteagle, TN 37356
Woodland Ridge Apartments · Multifamily Property For Sale
·
24 Units
PROPERTY FACTS
| No. Units | 24 | Lot Size | 2.28 AC |
| Property Type | Multifamily | Building Size | 21,610 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1986 |
| Building Class | C | Parking Ratio | 10/1,000 SF |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.28 AC |
| Building Size | 21,610 SF |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 10/1,000 SF |
ABOUT 217 4TH ST , MONTEAGLE, TN 37356
ATTENTION INVESTORS - RARE OPPORTUNITY - 24 unit apartment complex located in the town of Monteagle (formerly government subsidized - will transfer WITHOUT the rent restrictions) 8 - 1BR 1BA 685 sq ft units, 16 - 2BR 1BA 977 sq ft units. 3 apartment buildings with On-site management office, playground and 40+ paved parking spots. Current rents are at restricted rates and new owner will have opportunity for higher cap rates due to lifted restrictions at sale.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | 685 |
| 2+1 | 16 | - | 977 |
PROPERTY TAXES
| Parcel Number | 107C-D-007.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $440,880 |
PROPERTY TAXES
Parcel Number
107C-D-007.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$440,880
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