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$1250000 Wow Student Housing in Cookeville,tn (Cookeville)

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apartment

MLS Number: 194322
Area: Cookeville NE, TN
List Price: $1,250,000
Street #: 1994
Address: Bouton Bend
Address 2:
City: COOKEVILLE
State: TN
Zip Code: 38501
Listing Agent: Debbie Billings (#:39)
Listing Office: First Realty Company (#:4)
Apx SqFt: 17024
Year Built: 1993
Direction:
Public Remarks: Capitalize on tomorrow! These properties are an excellent buy. 18 units ½ mile from Tennessee Tech. 1 year leases. Tenants pay water, sewer, and electricity. Only utility provided is cable. All stoves, refrigerators, hot water heaters, and HVAC units warrantied for 12 months from purchase. New metal roof 3 years ago. New exterior lighting 3 months ago. Parking lots will be all newly painted and striped. Parking lot has heating element on hill. 2 units are 3 bedrooms, 3 baths. 8 units are 3 bedrooms, 2 baths. 1 unit is 2 bedrooms, 1.5 baths. 7 units are 2 bedrooms, 1 baths. Plus one 8000 sq ft warehouse building that is currently rented. Rent is $12, 550 per month - $150, 600 annually. Cable is $675 per month - $8100 annually. This rental investment is worthy of serious thought.
  • do NOT contact me with unsolicited services or offers

post id: 6994790804

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