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615 Brown Ave NW
Cleveland, TN 37311
615 - 855 Brown Avenue NW · Multifamily Property For Sale · 56 Units

EXECUTIVE SUMMARY

Rare find with great income potential, stabilized and value add makes these 56 units in 8 buildings comprised of 24 one-bedroom, 24 two-bedroom and 8 three-bedroom apartments located in Cleveland, Tennessee. Close to key amenities including shopping and restaurants. Located near Lee University, this building will attract tenants looking for a vibrant downtown lifestyle. The property offers low maintenance landscaping, as well as 32 new decks overlooking the City of Cleveland Greenway.

PROPERTY FACTS

No. Units 56
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 2.05 AC
Building Size 46,848 SF
Average Occupancy 93%
No. Stories 3
Year Built 1996
Parking Ratio 1.18/1,000 SF
APN / Parcel ID
049K-H-003.00
  • 049K-H-017.00
Zoning Commercial - Multifamily

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Carpet
  • Deck
  • Patio

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Public Transportation
  • Smoke Detector
  • Listing ID: 33381779

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: 615 Brown Ave NW, Cleveland, TN 37311

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