Property is in Sweetwater and Madisonville Tn. 1 Site has 24 Town home units sitting on 9 acres. 13 (2) bedroom units and 11 (1) bedroom units. The other location has 27 units and is made up of 8 duplex's and 3 quad buildings. There are 11 (2) bedrooms, 4 (3) bedrooms and 12 (1) bedrooms. These were build in 1980. Some tenants have been there since it was built. They stay 100% occupied and always have a waiting list. These are all tenants that the rent is paid by the government under a THDA 20 year contract. Income is increased every year. Contract has recently been renewed for another 20 years. HUD used to audit the complex's every year but no longer does due to budget cuts. There is a laundry room and office on site at both locations. The 2nd complex is getting all new roofs. Owner may finance with $550-600k down. (Wrap). Local bank willing to finance them for the right buyer. Maintenance is diff every depending on the weather and depending on inspections. Utilities goes up every yr, at least from the fee standpoint. They get a rent increase every yr but also a utility increase.
61 units, 3 all brick buildings with new roofs, hvac, wood floors, light etc. This complex is made up or 1,2 & 3 bedroom units with central heat and air. There is a Speed Queen coin operated laundry facility that is owner owned. Complex was fully rehabbed in 2009 & 2010. NO, I WILL NOT LOAN YOU MONEY OR TRADE FOR FLORIDA REAL ESTATE TO BUY THIS COMPLEX. Cap rate is based on Pro Forma Numbers at 95% occupancy
Offered at half of its Wholesale Value. This is a single family home has 3 bedroom and 2 bathrooms. It was a recent U.S Bank foreclosure. Available for sale at a fraction of its value. Home is located at 1091 Leath St Memphis TN 38107. Built in 1929. All wholesale assets are sold as is where is of course. Property is vacant and will need interior rehab. This is a very recent Foreclosures and transactions will be completed by our office at NO additional closing cost to buyer..... 20% EMD (Deposit) to be held by agent. This seller Global Premier Asset Servicing has Nationwide Wholesale listings with 150 Wholesale Detroit Michigan properties to liquidate price from $3,900 to $15,000 on average. If interested, please e-mail us for our website.
Private resort in Dollywood's front door and very close to the new Cal Ripken Park. 41 acres with 15 existing buildings with over 23 acres left to be developed. BANK OWNED!!
Price Upon Req.37,041 SF
Parcel 1 - 36 Fee Simple Townhomes AGE:7794 7796 Hickory Meadow built 1984 7786 7792 Hickory Meadow built 1986 7770 7784 Hickory Meadow built 1987 7751 7779 Biloxi CV built 1987 7750 7772 Biloxi CV built 1989 Exterior: Brick Veneer; - Roof: Architectural Shingles: ave age 1.5 yrs.; - HVAC: range 1 to 7 yrs. ave 4.5 yrs.; - Water Heater: range 1 to 8 yrs. ave 5 yrs. Appliances: Stove/Oven, Dishwasher, Vent hood, Disposal: range 1 to 10 yrs. ave 5 yrs.; - Carpet: range 1 to 4 yrs. ave 2 yrs.; - Washer/Dryer hookups Parcel 2 - 5 Fee Simple Townhomes AGE: 7778 Biloxi CV units #101, #102, #103, #104, #105 Built 1989 Exterior: Brick Veneer; - Roof: Architectural Shingles: age 1.5 yrs.; HVAC: range 1 to 7 yrs. ave 4.5 yrs.; - Water Heater: range 1 to 8 yrs. ave 5 yrs. Appliances: Stove/Oven, Dishwasher, Vent hood, Disposal: range 1 to 10 yrs. ave 5 yrs.; - Carpet: range 1 to 4 yrs. ave 2 yrs.; - Washer/Dryer hookups
Properties are 8 single-family residential investment properties. 75% occupancy. Little to no deferred maintenance. Excellent investment opportunity for qualified investors.
6 buildings, 24 unit apartment complex. All units have washer/dryer hook-ups. New roof installed in 2010 with 50 year life.
Two bedroom townhouses with 1200 square feet per unit, 1 1/2 baths, with furnished stove, refrigerator, dishwasher, and have a washer/dryer hookup. Three bedroom townhouses with 1400 square feet per unit, 2 baths, with furnished stove, refrigerator, dishwasher, and have a washer/dryer hookup. All units are on 1/2 acres lots and each fourplex is on a separate deed. All townhouses have paved parking lots and have sidewalks in the front with nice landscaping.
*****Buyer to verify square footage of buildings on premise. Owner/Broker represent no warranties or guarantees over the square footage listed above. Bank Owned Very nice rental property Room to build more units 12 adjoining acres also available 4.11 Acres House and Duplex for Sale