1111 Old Roane St - Multi-Family FOR SALE


Harriman, TN 37748
$350,000 USD
865-210-0228
1111 Old Roane St, Harriman, TN for Sale
$350,000 USD
Multi-Family - FOR SALE
1/19
null | Request Cap Rate

1111 Old Roane St
Harriman, TN 37748


HIGHLIGHTS

  • 37-Unit Self Storage + Triplex
  • Immediate potential to increase rates and boost returns on storage units

OVERVIEW

This property features a triplex and 37 self storage units. The triplex is fully occupied bringing in gross monthly rents of $2475. The self storage units, which have not been marketed or fully operated, offer significant upside to increase revenue as they are currently generating $1220 in monthly income. The property is located at 1111 Old Roane St in Harriman, TN, just minutes off of I-40. Tenants pay all utilities at the property. Recent cap ex includes new garage doors for several storage units and various cosmetic updates to residential units.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$102 USD /SF

# OF UNITS

3

PRICE/UNIT

$116,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,749 SF

ZONING

-

APN/PARCEL ID

017L-C-005.00

ASK ABOUT THIS PROPERTY

Kevin TiptonSVN | Wood PropertiesMore Info
865-210-0228

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Kevin TiptonSVN | Wood PropertiesMore Info
865-210-0228

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