Bought with Melissa L. Crabtree
$12,500,000
$15,000,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
1,345 SqFt
SOLD DATE : 09/21/2021
Key Details
Sold Price $12,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,345 sqft
Price per Sqft $9,293
Subdivision Villas
MLS Listing ID 2157942
Sold Date 09/21/21
HOA Y/N No
Year Built 2020
Property Description
91 townhome units sitting on over 5 acres. All townhomes to be 3 bedrooms, 2.5 baths, with a full-size single car garage. The property will also have 16 detached garages available for rent, perfect for storage, boats, etc. Expected rent range from $1,250-$1,350 a month. Detached garages should go for $150-$200 a month. Planned to break ground within 30 days, estimated to be completed July '21, Buildings include 1 3-plex, 1 8-plex, 8 10-plex. Great investment opportunity!
Location
State TN
County Montgomery County
Zoning R-4
Interior
Heating Electric, Central
Cooling Electric, Central Air
Flooring Carpet, Vinyl
Fireplace N
Exterior
Garage Spaces 1.0
View Y/N false
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick, Vinyl Siding
New Construction true
Schools
Elementary Schools Hazelwood Elementary
Middle Schools Northeast Middle School
High Schools Northeast High School
Others
Special Listing Condition Standard
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