Introduction
Introducing Winchester 17 Units, a versatile investment opportunity in the heart of Fayetteville, TN. With a mix of 2-bedroom, 1-bedroom, and studio units, this property offers modern living spaces for a range of tenants. Explore further details and photos by clicking the “Request More Information” button now.
Investment Highlights
Versatile Unit Mix and Renovation Potential:
- Offering a diverse mix of 2-bedroom, 1-bedroom, and studio units catering to various tenant needs.
- Recent renovations including new roofs, interior paint, updated electrical, installation of mini splits, and new water heaters ensure modern and comfortable living spaces.
- Opportunity for further value appreciation through potential conversion into multifamily or Airbnb units, showcasing adaptability to market trends and maximizing rental income potential.
Profitable Management Plays Available:
- Current Owner covers water expenses while tenants pay for electricity. Adding a Ratio Utility Billing System (RUBS) will help optimize revenue streams and reduce operational costs.
- Basement Space available to add Laundry facilities as an additional revenue stream.
