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3000 Carriage Ln
Humboldt, TN 38343
Carriage Lane Apartments · Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Building Size | 10,726 SF |
| Property Type | Multifamily | Average Occupancy | 83% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.12/1,000 SF |
| Lot Size | 1.36 AC |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.36 AC |
| Building Size | 10,726 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.12/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Washer/Dryer Hookup
- Heating
- Carpet
ABOUT 3000 CARRIAGE LN , HUMBOLDT, TN 38343
-12-Unit Apartment Property -Two Two-Story Building on a Slab Foundation -Built in 1965 -Total Gross Building Area of Approximately 10,726 Square Feet -The Site Area is 1 Acre Located in the Central Portion of Humboldt, TN within City Limits -Wood Frame Structures with a Brick Common Brick Exterior -All 12 Units are 2 Bed, 1 Bath -As of 7/15/2019, There are 2 Vacant Units, Leading to a 83% Occupancy Rate -Market Rent for 2/1: $475-525 -Owner Responsible for Water Only This is a great chance as Tyson Foods is moving in, having broken ground already and expected to finish in mid-2020! This will open up 1,500 positions in the area, leading to a higher average income and these are in a great, brick owner-occupant neighborhood across from an elementary school. This should be approached as a VALUE-ADD opportunity! With about $75,000-90,000 in rehab and updating, the market rent for these units if $500-525 each in a neighborhood where the surrounding houses are brick owner-occupant. See flyer for more info and pics!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | $412.50 | - |
PROPERTY TAXES
| Parcel Number | 170C-E-016.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $164,120 |
PROPERTY TAXES
