103 White St - Apartments FOR SALE


McMinnville, TN 37110
$398,000 USD
615-281-9395
103 White St, McMinnville, TN for Sale
$398,000 USD
Apartments - FOR SALE
1/15
null | 6.3% Cap Rate

103 White St
McMinnville, TN 37110


HIGHLIGHTS

  • Minutes from Downtown McMinnville
  • Spacious 2/1 Units in a practical flat-style layout
  • New improvements including interiors updates, some new appliances, and keyed front entry

OVERVIEW

103 White Street offers a clean, well-maintained four-unit property in the heart of McMinnville, TN. Built in 1976, each of the four 2-bedroom, 1-bath units spans approximately 1,000 square feet and features a practical flat-style layout. Recent improvements include new flooring, fresh paint, new countertops, updated appliances, a new HVAC split system in one unit, and refreshed trim and doors throughout most rooms. The building also features a secure keyed front entry and individually metered electric service, with water on a master meter. Whether you're expanding your portfolio or entering the multifamily space, this fully occupied property provides immediate function and long-term potential in a growing Middle Tennessee market.

FOR SALE DETAILS

PRICE

$398,000 USD

PRICE/SF

$98 USD /SF

# OF UNITS

4

PRICE/UNIT

$99,500

CAP RATE

6.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McMinnville Quadplex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,347 SF

ZONING

C2

APN/PARCEL ID

058P-E-001.00

ASK ABOUT THIS PROPERTY

Albert DrakeResidential Investment Advisors, Inc.More Info
615-281-9395

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Albert DrakeResidential Investment Advisors, Inc.More Info
615-281-9395

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