2707 S Rutherford Blvd | Murfreesboro, TN 37130
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2707 S Rutherford Blvd
Murfreesboro, TN 37130
The Social Blue · Multifamily Property For Sale
·
200 Units
Investment Highlights
- Assumable Freddie Mac Debt: $26,269,000 Balance at 5.01%; Interest-Only through January 1, 2027
- Renovated Interiors: 113 Total Unit Renovations (303 Beds), or 59% of the Overall Unit Mix have been Renovated
- Strong Enrollment at MTSU: Total Enrollment of 20,000+ Students; 2,500 Beds On Campus
- Diverse Unit Mix: Spacious Studio, 1-, 2-, 3-, 4-Bedroom Floor Plans
- Middle Tennessee State University (MTSU): Top Public University; R-2 Carnegie Research Classification; Part of Division I NCAA Conference
- Proximity to MTSU Campus: Located 1.2 Miles from MTSU Campus; ±5-Minute Drive, ±8-Minute Bike Ride, or ±20-Minute Walk to Campus
Property Facts
| No. Units | 200 | Building Size | 213,428 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 2005 |
| Building Class | B | Parking Ratio | 2.25/1,000 SF |
| Lot Size | 13.80 AC | ||
| Zoning | RM-12 - Multiple-Family Residence | ||
| No. Units | 200 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 13.80 AC |
| Building Size | 213,428 SF |
| Average Occupancy | 93% |
| No. Stories | 3 |
| Year Built | 2005 |
| Parking Ratio | 2.25/1,000 SF |
| Zoning | RM-12 - Multiple-Family Residence |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Range
- Sunroom
- Walk-In Closets
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
Site Amenities
- Business Center
- Clubhouse
- Fitness Center
- Picnic Area
- Pool
- Property Manager on Site
- Sauna
- Spa
- Tanning Salon
- Basketball Court
- Breakfast/Coffee Concierge
- Furnished Units Available
- Gameroom
- Grill
- Media Center/Movie Theatre
- Pet Play Area
- Shuttle to Train
- Volleyball Court
- Walking/Biking Trails
- Wi-Fi
- Lounge
- Maintenance on site
- Roommate Matching
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 478 |
| 1+1 | 24 | - | 478 |
| 2+2 | 60 | - | 981 |
| 3+3 | 100 | - | 1,188 |
| 4+4 | 20 | - | 1,342 |
Property Taxes
| Parcel Number | 103K-E-001.00-000 | Improvements Assessment | $8,544,240 |
| Land Assessment | $966,000 | Total Assessment | $9,510,240 |
Property Taxes
Parcel Number
103K-E-001.00-000
Land Assessment
$966,000
Improvements Assessment
$8,544,240
Total Assessment
$9,510,240
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