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May Rose Place 1070 Florence Rd

64 Unit Apartment Building $4,320,000 ($67,500/Unit) Savannah, TN 38372

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Executive Summary

Great opportunity in a hot area. Chance to make adjustments to the operation to increase NOI

Property Facts

Price	$4,320,000	Building Class	B
Price Per Unit	$67,500	Lot Size	6.49 AC
Sale Type	Investment	Building Size	58,617 SF
Gross Rent Multiplier	8	Average Occupancy	100%
No. Units	64	No. Stories	2
Property Type	Multifamily	Year Built	2003
Property Subtype	Apartment	Parking Ratio	2.15/1,000 SF
Apartment Style	Garden

Price	$4,320,000
Price Per Unit	$67,500
Sale Type	Investment
Gross Rent Multiplier	8
No. Units	64
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Building Class	B
Lot Size	6.49 AC
Building Size	58,617 SF
Average Occupancy	100%
No. Stories	2
Year Built	2003
Parking Ratio	2.15/1,000 SF