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South Jackson St. Apartments 1 Multifamily Properties Offered at $1,675,000 in Athens, TN



Investment Highlights
- Walking distance to Tennessee Wesleyan University
- Same ownership for ~30 yrs. with a dedicated maintenance team
- Consistent and Stable Income
Executive Summary
Offered for sale is a 16-unit, 3 building, multifamily portfolio representing a portion of a larger, locally owned rental portfolio. The assets have been owned and operated for over 30 years by a long-term owner with a dedicated, full-time in-house professional maintenance team. This results in , resulting in consistent standards of care, stable occupancy, and predictable operating performance. Many of the tenants are 5 plus years old and rents have not been increased.
Data Room Click Here to Access
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 128 S Jackson St, Athens, TN 37303 | Multifamily | 5,000 SF | 1950 | - |
1 1
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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Presented by
JSL Enterprises, LLC
South Jackson St. Apartments
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