Central West Tennessee Portfolio- 72 units total & 1 building lot throughout 6 counties. • Offering Price: $5,500,000 • 2024 NOI: $410,920 • Cap Rate: Approximately 7.47% Contact Information: For additional details, including financial statements, rent rolls, and property tours, please contact: Listing Agent
A total of 3 rental units totaling $2100 a month in rent! Great investment opportunity in the heart of Jackson, walkable to the University of Memphis Lambuth Campus and 5 minutes from Jackson-Madison County General Hospital. Units 1 and 2 back up to one another and unit 3 is a garage apartment. Units 1 and 2 have a 6-month-old roof and have been completely remodeled with new lighting, fixtures and ceiling fans. Fresh exterior paint on all units and gas heat. Unit 1: 1 bedroom, 1 bath, 500 sqft living area with 264 sqft patio. Unit 2: 2 bedrooms, 1 bath, 1,124 sqft living area with 224 sqft patio and central HVAC and gas heat. Unit 3: 1 bedroom, 1 bath over garage 483 sqft apartment with stove and fridge plus 2 garages/storage areas.
New Duplex for sale, Central location, Downtown, newly developed area, walking distance from the shops, restaurants, bars, parks, gym and wellness center. 3beds/2 baths each side, Comparable Rents Starting at $1800 a side, Perfectly Priced!
2 Houses for 1 price, Great Cash Flow! Priced 30k less than appraised value July 2024. Near Blue Oval/ etc. Would make a GREAT AirBnB! FABULOUS Mid Century Modern 5 BR, 3 BA home w/ a 2 BR, 1 BA Cottage in back! The Main house has huge common areas and has super cool features. It is 3470 SF. The back cottage is approx 900 SF and is 2 BR, 1 BA. Owner / Agent.
Jackson is located in Tennessee. Jackson, Tennessee has a population of 67,753. Jackson is less family-centric than the surrounding county with 22.81% of the households containing married families with children. The county average for households married with children is 22.97%.
The median household income in Jackson, Tennessee is $44,778. The median household income for the surrounding county is $51,526 compared to the national median of $69,021. The median age of people living in Jackson is 34.5 years.
The average high temperature in July is 90.5 degrees, with an average low temperature in January of 27.6 degrees. The average rainfall is approximately 54.3 inches per year, with 4.1 inches of snow per year.