This Multifamily Property is no longer advertised on LoopNet.com.

40 Heather Ridge Cir
Crossville, TN 38555
Magnolia Place · Multifamily Property For Sale · 36 Units

Investment Highlights

  • A mile to the I-40 onramp, connecting to Nashville to the west and Knoxville to the east in under two hours.
  • Has undergone recent, extensive capital improvements and is situated within an Opportunity Zone.
  • Perfect asset to address and benefit from the area's affordable housing shortage.
  • Perfectly located within an eight-minute drive to retail, such as Kroger, Walmart, Lowe’s, Walgreens, and Big Lots.

Property Facts

No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 9.68 AC
Building Size 27,194 SF
No. Stories 2
Year Built/Renovated 1983/2021
Zoning MF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 24 $550.00 -
2+1 12 $650.00 -

Property Taxes

Property Taxes

Parcel Number
100C-A-003.01
Land Assessment
$96,800
Improvements Assessment
$818,160
Total Assessment
$914,960
  • Listing ID: 23533278

  • Date on Market: 6/28/2021

  • Last Updated:

  • Address: 40 Heather Ridge Cir, Crossville, TN 38555

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