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407 N College St
Tullahoma, TN 37388
The Landings at Red Rock · Multifamily Property For Sale
·
40 Units
Investment Highlights
- this is a turnkey property with value add component
- Large unit sq ft compared to like properties for competitive marketing.
- Fully implemented RUBS use for allocating utility costs to tenants without submetering each unit
Property Facts
| No. Units | 40 | Building Size | 31,568 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1964/2023 |
| Building Class | C | Parking Ratio | 3.33/1,000 SF |
| Lot Size | 3.07 AC | ||
| Zoning | R3 - Residential | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 3.07 AC |
| Building Size | 31,568 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2023 |
| Parking Ratio | 3.33/1,000 SF |
| Zoning | R3 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Picnic Area
- Tenant Controlled HVAC
- Cabana
- Grill
- Pet Play Area
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 32 | $835.00 | 750 |
| 2+1 | 8 | $1,100 | 946 |
Property Taxes
| Parcel Number | 124F-H-006.01 | Improvements Assessment | $845,840 |
| Land Assessment | $153,520 | Total Assessment | $999,360 |
Property Taxes
Parcel Number
124F-H-006.01
Land Assessment
$153,520
Improvements Assessment
$845,840
Total Assessment
$999,360
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