207-215 Main St - Apartments FOR SALE


Troy, TN 38260
$340,000 USD
731-612-2354
207-215 Main St, Troy, TN for Sale
$340,000 USD
Apartments - FOR SALE
1/57
null | 16.12% Cap Rate

207-215 Main St
Troy, TN 38260


OVERVIEW

Don't miss this rare opportunity to own a two-property, six-unit rental package located at 207 & 215 Main St. in Troy, TN, currently generating over $4,800 per month in rental income. This investment includes a quadplex at 207 Main and a duplex at 215 Main, both featuring brand-new roofs installed in August. Each unit offers 2 bedrooms, 1 bathroom, in-unit laundry hookups, and individual HVAC systems, giving tenants modern comfort and independence. Recent updates include flooring, lighting, kitchens, HVAC repairs, plumbing, and more, ensuring long-term durability and minimal maintenance. All tenants are on year leases and pay their own utilities, maximizing investor cash flow. Located in a strong rental demand area, this package is a perfect turnkey investment with immediate income and future growth potential.

FOR SALE DETAILS

PRICE

$340,000 USD

PRICE/SF

$71 USD /SF

# OF UNITS

6

PRICE/UNIT

$56,667

CAP RATE

16.12%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,150 SF

ZONING

M

APN/PARCEL ID

093G-E-006.00,093G-E-006.01

ASK ABOUT THIS PROPERTY

Dylan JonesUnited Country Southern Lifestyle PropertiesMore Info
731-612-2354

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

Dylan JonesUnited Country Southern Lifestyle PropertiesMore Info
731-612-2354

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