6362 Maynardville Hwy
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6362 Maynardville Hwy
5 Unit Apartment Building $950,000 ($190,000/Unit) 10.53% Cap Rate Maynardville, TN 37807
Executive Summary
4 lots for a total 2.07+/- acres with a 5 unit apartment complex, 2 houses and 3 trailer rental properties. A coin operated laundry facility and 5 self-storage units enhancing convenience for tenants and providing additional income. This investment promises stable rental returns. $100K+ potential NOI.
Property Facts
| Price | $950,000 | Property Subtype | Apartment |
| Price Per Unit | $190,000 | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 10.53% | Lot Size | 2.32 AC |
| Sale Conditions | Business Value Included | Building Size | 3,756 SF |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1974 |
| Price | $950,000 |
| Price Per Unit | $190,000 |
| Sale Type | Investment |
| Cap Rate | 10.53% |
| Sale Conditions | Business Value Included |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 2.32 AC |
| Building Size | 3,756 SF |
| No. Stories | 1 |
| Year Built | 1974 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 2 | - | - |
| 2+2 | 1 | - | - |
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PROPERTY TAXES
| Parcel Number | 036-053.01 | Improvements Assessment | $76,760 |
| Land Assessment | $8,960 | Total Assessment | $85,720 |
PROPERTY TAXES
Parcel Number
036-053.01
Land Assessment
$8,960
Improvements Assessment
$76,760
Total Assessment
$85,720
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6362 Maynardville Hwy
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