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356 Beechcroft Rd 8 Unit Apartment Building $1,990,000 ($248,750/Unit) Spring Hill, TN 37174
Executive Summary
Rare 8-unit multifamily investment opportunity on 1.01± acres in Spring Hill, TN. The property consists of four duplex buildings totaling 8,528± SF, with approximately 2,132± SF per duplex. Each building features two 2-bedroom, 1-bathroom units, for a total of eight residential units. All units include a refrigerator, washer, and dryer.
This well-configured multifamily property offers investors the opportunity to acquire eight income-producing units within a single asset in the highly desirable and growing Spring Hill market.
This well-configured multifamily property offers investors the opportunity to acquire eight income-producing units within a single asset in the highly desirable and growing Spring Hill market.
Property Facts
| Price | $1,990,000 | Building Class | C |
| Price Per Unit | $248,750 | Lot Size | 1.01 AC |
| Sale Type | Investment | Building Size | 8,528 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1988 |
| Property Subtype | Apartment | Parking Ratio | 1.41/1,000 SF |
| Apartment Style | Townhome | ||
| Zoning | R-2 - Residential (Medium Density) | ||
| Price | $1,990,000 |
| Price Per Unit | $248,750 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 1.01 AC |
| Building Size | 8,528 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 1.41/1,000 SF |
| Zoning | R-2 - Residential (Medium Density) |
Amenities
Unit Amenities
- Dishwasher
- Storage Space
- Washer/Dryer
- Refrigerator
- Range
- Tub/Shower
- Patio
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | 1,066 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 025P-A-016.00 | Improvements Assessment | $358,920 |
| Land Assessment | $48,000 | Total Assessment | $406,920 |
Property Taxes
Parcel Number
025P-A-016.00
Land Assessment
$48,000
Improvements Assessment
$358,920
Total Assessment
$406,920
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356 Beechcroft Rd