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307 W Main St
McMinnville, TN 37110
D'Ville Apartments · Multifamily Property For Sale · 24 Units

Property Facts

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.71 AC
Building Size 19,248 SF
No. Stories 2
Year Built 1963
Parking Ratio 2.49/1,000 SF
Zoning Commercial

Amenities

Unit Amenities

  • Cable Ready
  • Wi-Fi

Site Amenities

  • Courtyard
  • Laundry Facilities

About 307 W MAIN ST , MCMINNVILLE, TN 37110

D'Ville Apartments, Strong 10% Cap Rate for investors, Excellent Investment property. Downtown Location, longer term stable income producing property. New Roofing on the 24 Unit complex, Income producing Laundry area, Units Mix includes 9-1 Bd. Units, 14-2 Bd. Units and 1-3 Bd. Unit. Relaxing Courtyard area. Owner provides WiFi , Cable T.V. and water to all units. 75% of current occupants have lived at the complex 5 years or more, very stable.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 24 - -

Property Taxes

Property Taxes

Parcel Number
068F-E-017.00
Land Assessment
$70,000
Improvements Assessment
$154,760
Total Assessment
$224,760
  • Listing ID: 13688939

  • Date on Market: 9/3/2018

  • Last Updated:

  • Address: 307 W Main St, McMinnville, TN 37110

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