611 Madison St | Clarksville, TN 37040
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611 Madison St
Clarksville, TN 37040
Gracey Court & The Phoenix · Multifamily Property For Sale · 26 Units
Investment Highlights
- Gracey Court was completely renovated in 2014 and The Phoenix was built in 2016
- Opportunity to furnish one bedroom units to leases for $1,500-$1,700
- Individually metered for electric
- Loft style apartments with vaulted ceilings and stainless steel appliances
- PEX piping and Romex wiring
PROPERTY FACTS
| No. Units | 26 | Building Size | 11,328 SF |
| Property Type | Multifamily | Average Occupancy | 58% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built/Renovated | 1936/2016 |
| Building Class | C | Parking Ratio | 0.71/1,000 SF |
| Lot Size | 0.48 AC |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 11,328 SF |
| Average Occupancy | 58% |
| No. Stories | 2 |
| Year Built/Renovated | 1936/2016 |
| Parking Ratio | 0.71/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Hardwood Floors
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | - | 479 |
| 2+1 | 8 | - | 1,100 |
PROPERTY TAXES
| Parcel Number | 066K-B-007.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $466,800 |
PROPERTY TAXES
Parcel Number
066K-B-007.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$466,800
zoning
| Zoning Code | CBD (central business district) |
| CBD (central business district) |
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