$3,200,000
340 Briar Ave
25,980 Sqft
Jamestown, Tennessee, 38556, United States
About the Property
Tremendous capital-producing investment with upside! Offering a 43 unit apartment complex in Jamestown, TN with a strong cap rate around 8%. These units have an impressive high occupancy history and potential to increase cash flow (the only units not currently occupied are the ones undergoing a remodel). Current owners have updated approximately 25% of the units (in transition time between tenants), and they continue to improve this asset as we go to market. Turn-key operation with immediate cash flow. This real estate will appreciate in value as you profit from the cash flow that results from the impressive cap rate.
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Property Type
Residential
Area
25,980 Sqft
Jamestown, Tennessee, 38556, United States
Agent info
- Landon Dickerson
- True North Real Estate Services, LLC
- View website
- 9312654804
Contact Agent
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