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117 Cedarwood Dr
Lebanon, TN 37087 Downtown Lebanon

$5,725,000 USD

Apartments For Sale • 29,470 SF

Property Details

Property Type Apartments
Total Building Size 29,470 SF
Lot Size 3.33 AC
Building Class C
Year Built 1970

0 Transit Score

40 Walk Score

                
                    Highlights
                
                                $585,000 spent on capital improvements over the last 36 months.
                            
                                Improvements include new windows, unit renovations, exterior painting, exterior lighting, new signage, repaving, and landscaping
                            
                                17 of 40 units have been renovated, allowing the opportunity to capitalize on proven rent premiums
                            
                                Rents are currently $145 below the market rate, offering immediate value-add potential
                            
                                Ample green space throughout the property provides the opportunity to further enhance the community through the addition of outdoor amenities 
                            
                                All units are equipped with washer and dryer connections

Amenities

24 Hour Access
Air Conditioning
Balcony
Dishwasher
Tenant Controlled HVAC
Washer/Dryer Hookup
Heating
Smoke Free
Kitchen
Refrigerator
Range
Carpet
Walk-Up
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Lebanon (East Corridor Line - Tennessee Regional Transportation Authority Music City Star (Music City Star))	5 min	-	2.4 mi
Hamilton Springs Station (WEGO STAR - WeGo Public Transit)	14 min	-	7.0 mi
Airport	Drive	Walk	Distance
Nashville International	28 min	-	24.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Patrick Cosgrove 615-973-5373 Marcus & Millichap

117 Cedarwood Dr Lebanon, TN 37087 Downtown Lebanon