300 Neely Ave | Shelbyville, TN 37160
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- LoopNet Team
300 Neely Ave
Shelbyville, TN 37160
Olive Grove Apartments · Multifamily Property For Sale
·
60 Units
INVESTMENT HIGHLIGHTS
- 10 buildings sit secluded in the back of a quiet residential area close to town
- On site office space for manager and laundry room for tenants
- Solid cash flow day 1, room for rent improvements with some curb appeal and CapEx upgrades
PROPERTY FACTS
| No. Units | 60 | Lot Size | 10.00 AC |
| Property Type | Multifamily | Building Size | 50,642 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1980 |
| Zoning | Commercial | ||
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 10.00 AC |
| Building Size | 50,642 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1980 |
| Zoning | Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Framed Mirrors
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 30 | - | 685 |
| 2+1 | 20 | - | 977 |
| 2+2 | 10 | - | 977 |
PROPERTY TAXES
| Parcel Number | 002089 01300 | Improvements Assessment | $594,600 |
| Land Assessment | $67,200 | Total Assessment | $661,800 |
PROPERTY TAXES
Parcel Number
002089 01300
Land Assessment
$67,200
Improvements Assessment
$594,600
Total Assessment
$661,800
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