515 Nash St - Apartments FOR SALE
Union City, TN 38261 |
781-248-0543
515 Nash St
Union City, TN 38261
HIGHLIGHTS
- East Gate Village Apartments present a 19-building, 100-unit apartment complex covered by a project-based Section 8 subsidy contract through 2032.
- Located within Qualified Census Tracts (QCT), eligible for a 30% basis boost.
- Section 8 contract allows buyers to utilize the program to fill the property upon purchase.
- Jackson is about 65 miles south, Memphis is 117 miles southeast, and Nashville is 155 miles east; all three are within a three-hour car ride.
- Attractive unit mix of one-, two-, three-, and four-bedroom units, with sizes averaging 500, 700, 900, and 1,000 square feet.
- The HAP Contract has been abated but can be reinstated upon a qualified owner obtaining approval to purchase the project through HUD.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Rent-Subsidized East Gate Village Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1971
PARKING SPACES
-
LAND DETAILS
LAND ACRES
11.39 AC
LAND SF
495,987 SF
ZONING
-
APN/PARCEL ID
049-035.01
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781-248-0543
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781-248-0543
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