This set of quadplexes has been well maintained and is a proven money maker with even more potential for increased NOI as the area is poised for another boom. Call Landon if you have any questions or would like to see this property in person.

Investment Highlights

Utilities Management:

Units are individually metered for electric, with water/sewer covered by the owner. The possibility exists to transition to a DHA program for some units, offering potential rental stability and management efficiency in Dickson, TN

Property Features:

Consists of 2-bedroom, 1-bathroom units, all with washer/dryer hookups. Although the units are older there is a minimal amount of maintenance required, providing stability and potential for hassle-free ownership.

Flood Zone Considerations:

Property’s flood zone status under review, with potential for removal from flood zone pending FEMA mapping update. The Previous owners’ and current owners’ experience indicates low flood risk, leading to considerations regarding flood insurance.

Deferred Maintenance and Improvements:

Overall, units are in solid condition with minimal deferred maintenance. Planned parking lot repairs demonstrate proactive property management and upkeep.