Listing Courtesy of: 9312092819 - Jessica Stanfield - Tennessee Property Group
931-264-8219
$3,799,900
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587 Baker Rd Martin, TN 38237
Cluster
Residence
Beds
Baths
...
Bed/Bath
870
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Exceptional Income-Producing Investment Opportunity! This well-maintained 36-unit apartment community is ideally located in the heart of Martin, Tennessee, just 1.2 miles from the University of Tennessee at Martin. Positioned in a thriving college town with strong, consistent rental demand, this pro...perty offers an outstanding opportunity to expand or strengthen your investment portfolio.
The complex features thirty-six 2-bedroom, 1-bathroom units, each equipped with convenient washer and dryer hookups. Significant capital improvements have been completed within the past 12 months, including new roofs on Buildings A, D, E, H, and J, renovations to 16 units, and the replacement of all rear decks across the property.
With a local, experienced property manager who is willing to remain in place after the sale, the new owner can benefit from a seamless transition and continued professional management. Whether you're seeking stable cash flow, long-term appreciation, or a value-add investment in a desirable university market, this property is an opportunity you won't want to miss.
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MLS#
3276724
Property Type
Cluster
Year Built
1995
Square Feet
870
sq. ft
Stories
2.0
Sewer
Public Sewer
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