Storage Park Cleveland Portfolio Industrial FOR SALE


Cleveland, TN
$3,880,000 USD
404-380-1196
, Cleveland, TN for Sale
$3,880,000 USD
Industrial - FOR SALE
1/3
null | 6.65% Cap Rate

Storage Park Cleveland Portfolio
Cleveland, TN


HIGHLIGHTS

  • Clear opportunity to improve economic occupancy and drive rental rates
  • 147 single-family homes either completed or in development directly behind the Freewill facility. Plans to nearly double that number in the future
  • High projected returns, with projected 5-year levered IRR at 24%
  • Strong residential development momentum within the city with multiple new subdivisions underway, including the Hardwick Farm master-planned community
  • Cleveland, TN is anchored by Whirlpool Corporation (1,535 employees), Amazon (1,100+ jobs), and Bradley Medical Center (~1,000 employees)

OVERVIEW

Hutt Cooke License # 356505, 263667 (TN) Matthews Real Estate Investment Services, Inc 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

ASK ABOUT THIS PROPERTY

Hunter ReynoldsMatthews Real Estate Investment ServicesMore Info
404-380-1196

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Hunter ReynoldsMatthews Real Estate Investment ServicesMore Info
404-380-1196

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