100 Sherry Ln - Apartments FOR SALE


Dickson, TN 37055
$1,149,000 USD
615-973-5373
100 Sherry Ln, Dickson, TN for Sale
$1,149,000 USD
Apartments - FOR SALE
1/42
null | 5.84% Cap Rate

100 Sherry Ln
Dickson, TN 37055


HIGHLIGHTS

  • Located in the Nashville MSA
  • Rents are currently $297 below market
  • Individually metered for Electricity
  • Water is on a single meter and is currently billed back to tenants

OVERVIEW

Seller financing is available - reach out to listing agents for more details. Link to Deal Room and Financials: https://www.marcusmillichap.com/properties/169942/sherry-lane-apartments Marcus & Millichap has been selected to exclusively market for sale this property in Dickson, TN. This offering will allow a potential investor to purchase a rare value-add opportunity Located in the Nashville MSA. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE SHERRY LANE APARTMENTS.

FOR SALE DETAILS

PRICE

$1,149,000 USD

PRICE/SF

$168 USD /SF

# OF UNITS

8

PRICE/UNIT

$143,625

CAP RATE

5.84%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sherry Lane Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

-

APN/PARCEL ID

111-083.05

ASK ABOUT THIS PROPERTY

Patrick CosgroveMarcus & MillichapMore Info
615-973-5373

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Patrick CosgroveMarcus & MillichapMore Info
615-973-5373

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.