Recently fully renovated 2 Story Quadplex and (2) side-by-side Duplexes. Situated on 3.31 Acres with plenty of room to expand with more units. The opportunity is comprised of ALL 8 spacious 2 Bed / 1 Bath units each with their own washer & dryer hook-up. 7435 sq ft of total apartments in 3 buildings according to the Johnson County tax assessor. The units are leased by quality tenants and require minimal maintenance or repairs due to extensive renovations completed in 2024. Well maintained apartments are easy to rent since there's a severe housing shortage in this supply constrained market. Information from seller, CRS, and other 3rd party sources. Buyer/Buyer's Agent to verify all information.
Butler is located in Tennessee. Butler, Tennessee has a population of 346. Butler is less family-centric than the surrounding county with 22.22% of the households containing married families with children. The county average for households married with children is 23.55%.
The median household income in Butler, Tennessee is $30,688. The median household income for the surrounding county is $42,552 compared to the national median of $69,021. The median age of people living in Butler is 60 years.
The average high temperature in July is 81.2 degrees, with an average low temperature in January of 21.1 degrees. The average rainfall is approximately 47.4 inches per year, with 16.3 inches of snow per year.