615 Brown Ave NW - Apartments FOR SALE


Cleveland, TN 37311- Downtown Cleveland
$6,500,000 USD
615-465-8499
615 Brown Ave NW, Cleveland, TN for Sale
$6,500,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

615 Brown Ave NW
Cleveland, TN 37311
Downtown Cleveland


HIGHLIGHTS

  • Spacious mix of 1,2,3-bedroom floor plans
  • High demand due to its versatility and attractiveness to a variety of renters
  • Attractive, affordable rental option
  • Prime location directly outside downtown Cleveland, and close to major thoroughfares for commuters

OVERVIEW

Broker of Record Hutt Cooke License No. 263667 (TN)

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$137 USD /SF

# OF UNITS

56

PRICE/UNIT

$116,071

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

WASHINGTON COMMONS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1996

PARKING SPACES

56

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

Commercial

APN/PARCEL ID

049K-H-017.00

ASK ABOUT THIS PROPERTY

Richard LindseyMatthews Real Estate Investment ServicesMore Info
615-465-8499

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Richard LindseyMatthews Real Estate Investment ServicesMore Info
615-465-8499

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