86 Fain St
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86 Fain St
5 Unit Apartment Building $699,000 ($139,800/Unit) 5.84% Cap Rate Nashville, TN 37210
Investment Highlights
- Freshly painted building
- Brand new roof
Executive Summary
The current rent is $3,000 a month. The roof was replaced February 2023.
Property Facts
| Price | $699,000 | Building Class | C |
| Price Per Unit | $139,800 | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 2,869 SF |
| Cap Rate | 5.84% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1947 |
| Property Subtype | Apartment | Parking Ratio | 1.74/1,000 SF |
| Apartment Style | Low Rise | Opportunity Zone |
Yes
|
| Price | $699,000 |
| Price Per Unit | $139,800 |
| Sale Type | Investment |
| Cap Rate | 5.84% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 2,869 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1947 |
| Parking Ratio | 1.74/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $500.00 | - |
| 2+1 | 2 | $800.00 | - |
| 3+1 | 2 | $900.00 | - |
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zoning
| Zoning Code | MULTI-ZONE (Residential) |
| MULTI-ZONE (Residential) |
-
Ghirmai Abraham - Ghirmai Abraham
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86 Fain St
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