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2245 Spring Place Rd SE
Cleveland, TN 37323

$269,900 USD

Apartments For Sale  •  3,456 SF

Property Details

• Property Type Apartments
• Total Building Size 3,456 SF
• Lot Size 0.33 AC
• Year Built 1980
• Cap Rate 11.13 %
• Zoning Commerical

30 Walk Score

Highlights

Main Road leaving Cleveland to the West

Near Interstate Bypass

2 lane near other plazas

Financial Summary (Proforma)

Net Operating Income: $29,987 USD (2025)

Cap Rate:	11.13 %
Total Expenses:	$3,928 USD

Public Transportation

Airport	Drive	Walk	Distance
Lovell Field	37 min	-	25.9 mi

Parking Details

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