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• 8 units - 2bed/2bath each- approximately 833sf - 1995 build • Separate electric and water meters - tenant paid • Roof - replaced approx. in 2010 • All tenants are on a month-to-month lease • $2,875 total monthly income (Avg. $479/unit) • Self-managed • Basic update on move-out. Appliances replaced as necessary • Proforma rents @ $850 -
- Off Market Sale
- Sale Price: $850,000
- Price per door: $106,250
- Full asking price with a quick closing
- No inspection contingency
- No marketing involved
- No showings or signs, tenants were unaware / not disturbed
- Unit mix: 2bed/1.5 baths
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Nice 8 Unit property in Southern Middle TN -
Sitting in the heart of Bellevue, these units are situated in a quiet neighborhood right in between I-40 and Old Hickory Blvd. Multiple long term tenants have led to below market rents, giving a new owner an opportunity for quick and easy rent increases. Match that with the long term growth of the area, and these units fit perfectly into any investor's portfolio. *All 8 units can be purchased at once or packages of 4 units can be purchased*
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Overview
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