Bought with GWEN DOWLAND
$1,950,000
$1,950,000
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27,228 SqFt
SOLD DATE : 08/13/2021
Key Details
Sold Price $1,950,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 27,228 sqft
Price per Sqft $71
Subdivision Deberry Hgts
MLS Listing ID 2220931
Sold Date 08/13/21
Year Built 1971
Annual Tax Amount $18,014
Lot Size 2.100 Acres
Acres 2.1
Property Sub-Type Mixed Use
Property Description
Inside charming Cookeville TN, and less than 2 miles from Tennessee Tech, this 36 unit apartment building is a great investment. All units have been professionally managed, and professionally maintained. The buildings have central heating and cooling, a paved, recently sealed asphalt parking lot and sets in a quiet well kept neighborhood. There are only 4 vacant units at this time, financials are available upon request. This facility is operating at a 5% cap rate.
Location
State TN
County Putnam County
Zoning R2
Interior
Fireplace N
Exterior
Roof Type Shingle
Others
Special Listing Condition Standard
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