125 Covered Bridge Rd - Apartments FOR SALE


Huntsville, TN 37756
$585,000 USD
317-903-2096
125 Covered Bridge Rd, Huntsville, TN for Sale
$585,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

125 Covered Bridge Rd
Huntsville, TN 37756


HIGHLIGHTS

  • Destination facility. Family and group friendly. Conveniently located downtown near public pool and amenities.

OVERVIEW

Excellent Condition, Brick, Former Medical Office now STR/VRBO/AirBnB (could easily be converted to Multi-Family) property near Brimstone and Royal Blue ATV parks. Purchased and first floor renovated into two 1500sf rental suites in 2022. Each suite has three bedrooms and two full bathrooms with laundry facilities, kitchen, dining and living room. All furniture included. Turn key rental property. Basement is an additional 3024 sf of unfinished space, where you can add either two more rental units or owner living quarters. Each unit currently rents for an average of $300/night. Property is currently managed through Brimstone Property Management. Ample parking for your multiple tenants and trucks with trailers.

FOR SALE DETAILS

PRICE

$585,000 USD

PRICE/SF

$97 USD /SF

# OF UNITS

-

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Plateau Suites- Hospitality Rental

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2002

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,924 SF

ZONING

GB

APN/PARCEL ID

086N-B-012.01

ASK ABOUT THIS PROPERTY

Terina WidnerJackson IGMore Info
317-903-2096

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Terina WidnerJackson IGMore Info
317-903-2096

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