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721 Poplar St 721 Poplar St 2 Unit Apartment Building $699,000 ($349,500/Unit) 7.44% Cap Rate Columbia, TN 38401
Executive Summary
Prime Investment Property. Built in 2021. 4 Bed Rooms, 2.5 Baths & 1 car garage PER Side
Net 8% return on the investment, Some possible Owner terms possible.
Net 8% return on the investment, Some possible Owner terms possible.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $699,000 | Property Subtype | Apartment |
| Price Per Unit | $349,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 7.44% | Building Size | 3,300 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2021 |
| Zoning | CD-3L - CD-3L | ||
| Price | $699,000 |
| Price Per Unit | $349,500 |
| Sale Type | Investment |
| Cap Rate | 7.44% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 3,300 SF |
| No. Stories | 2 |
| Year Built | 2021 |
| Zoning | CD-3L - CD-3L |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Disposal
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Attic
- Deck
- Den
- Family Room
- Handrails
- Pantry
- Porch
- Window Coverings
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Trash Pickup - Door to Door
- Private Bathroom
- Fiber Optic Internet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 8+5 | 2 | $2,500 | 1,650 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 089D-C-001.00 | Total Assessment | $203,440 |
| Land Assessment | $20,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $183,440 | Tax Year | 2025 |
Property Taxes
Parcel Number
089D-C-001.00
Land Assessment
$20,000
Improvements Assessment
$183,440
Total Assessment
$203,440
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Contact the Sale Advisor
721 Poplar St | 721 Poplar St