$447,400
Calculate Payment
Calculate Payment
1401 Wildwood Lake Road SE Cleveland, TN 37311
Mixed Use
Residence
8
Beds
4
Baths
...
Bed/Bath
2,675
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Attention Investors! High Cash Flow 4-Unit Building with Over 9% Cap Rate This large, well-maintained brick 4-unit apartment building is a prime investment opportunity, offering a cap rate of over 9% and steady, reliable cash flow. With a solid rental history and high tenant demand, this property i...s an ideal addition to your investment portfolio. Each of the four 2-bedroom, 1-bathroom units is rented on a weekly basis, increasing revenue potential and ensuring consistent cash flow. The building has a proven track record of stable occupancy, making it a secure income-generating asset. All units are equipped with central heat and air, providing tenants with comfort throughout the year. Additionally, the property features paved off-street parking, offering added convenience. Located just minutes from Lee University and downtown Cleveland, this property is perfectly situated to attract and retain tenants, ensuring ongoing demand. With its high cap rate, solid rental history, and desirable location, this property offers a fantastic opportunity for investors seeking reliable income and long-term growth. Call for revenue and occupancy information!
Continue reading
MLS#
1505510
Property Type
Mixed Use
Bedrooms
8
Bathrooms
Year Built
1980
Square Feet
2,675
sq. ft
Price per Sq. Ft.
$167.25
Lot Size
0.34
Sewer
No Sewer, Public Sewer
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Kickstart your home search journey with our online Pre-Approval.
Nearby Homes For Sale
Just Listed
And
Homes Available
In
See How Much You Could Save
Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.