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8160 Rutledge Pike
Rutledge, TN 37861
Old Rutledge Inn · Multifamily Property For Sale · 7 Units
PROPERTY FACTS
| No. Units | 7 | Building Size | 6,256 SF |
| Property Type | Multifamily | Average Occupancy | 86% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1924 |
| Lot Size | 0.49 AC |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Lot Size | 0.49 AC |
| Building Size | 6,256 SF |
| Average Occupancy | 86% |
| No. Stories | 2 |
| Year Built | 1924 |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Washer/Dryer Hookup
- Heating
- Eat-in Kitchen
- Refrigerator
- Oven
- Deck
- Vinyl Flooring
About 8160 Rutledge Pike , Rutledge, TN 37861
Great Investment Opportunity! This 7 unit apartment complex was the old "Rutledge Inn" in previous years. Located on Rutledge Pike/Highway 11W this building is in the heart of Rutledge and convenient to everything. $2700 per month gross rental income. Building has an additional 2858 sq ft in the basement that could be converted into additional units or office space. Mix of 1 and 2 bedroom units. Apartments have public water and pubilc sewer. Tenants pay for their own water and electric. Approximately $24,000 net income per year. Needs some TLC. 1 to 2 bathrooms, varies per unit.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $350.00 | - |
| 2+1 | 2 | $425.00 | - |
| 2+2 | 2 | $387.50 | - |
PROPERTY TAXES
| Parcel Number | 049O-C-010.00 | Improvements Assessment | $67,040 |
| Land Assessment | $6,920 | Total Assessment | $73,960 |
PROPERTY TAXES
zoning
| Zoning Code | Commercial |
| Commercial |
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