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This Multifamily Property is no longer advertised on LoopNet.com.
701 Elmwood Dr
Sparta, TN 38583
Elmwood Village & Hearthwood Apartments · Multifamily Property For Sale
·
72 Units

Investment Highlights
- All 72 Units are 2-bedroom
- Elmwood Units Have One Full Bath with Refrigerator, Stove and Dishwasher Included
- Children's Play Area, Benches
- Office and Laundry Separate From Units, RUBs program for utilities
- Hearthwood Units Have Storage Room Balcony, Stove, Dishwasher and a Fireplace
- Ten Minutes to Walmart and Nine Minutes to Highway
Property Facts
| No. Units | 72 | Lot Size | 3.80 AC |
| Property Type | Multifamily | Building Size | 70,336 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1982 |
| Zoning | R-B | ||
| No. Units | 72 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.80 AC |
| Building Size | 70,336 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1982 |
| Zoning | R-B |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Freezer
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Playground
- Tenant Controlled HVAC
- Walking/Biking Trails
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 48 | - | 846 |
| 2+2 | 24 | - | 1,216 |
Property Taxes
| Parcel Number | 049O-B-019.00 | Improvements Assessment | $595,680 |
| Land Assessment | $45,360 | Total Assessment | $641,040 |
Property Taxes
Parcel Number
049O-B-019.00
Land Assessment
$45,360
Improvements Assessment
$595,680
Total Assessment
$641,040
Listing ID: 25553490
Date on Market: 4/26/2022
Last Updated:
Address: 701 Elmwood Dr, Sparta, TN 38583
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