855 Brown Ave NW - Apartments FOR SALE


Cleveland, TN 37311- Downtown Cleveland
$1,120,000 USD
423-813-9800
855 Brown Ave NW, Cleveland, TN for Sale
$1,120,000 USD
Apartments - FOR SALE
1/2
null | 7.3% Cap Rate

855 Brown Ave NW
Cleveland, TN 37311
Downtown Cleveland


OVERVIEW

Cleveland Tennessee Apartment Building for Sale located near Lee University. 4 - two bedroom apartments and 4 - one bedroom apartments, all City utilities, separate meters, upper and lower parking. Cleveland Tennessee ranks 5th Best Place in U.S. to work in Manufacturing and employee housing is in demand. Conveniently located off I-75 and in the Heart of Cleveland. Additional apartment buildings for sale, call for details.

FOR SALE DETAILS

PRICE

$1,120,000 USD

PRICE/SF

$191 USD /SF

# OF UNITS

8

PRICE/UNIT

$140,000

CAP RATE

7.3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1996

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,629 SF

ZONING

Commercial

APN/PARCEL ID

049K-H-003.00

ASK ABOUT THIS PROPERTY

William EilfKeller Williams ClevelandMore Info
423-813-9800

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William EilfKeller Williams ClevelandMore Info
423-813-9800

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