Courtesy: Keller Williams Realty Nashville/Franklin
615-778-1818
This is an exceptional investment opportunity featuring 8 rental units across three separate properties, with significant value add potential. Two tenants vacated when learning of the sale, but the remaining tenants have been in place for years and have a strong payment history. Excellent opportunity to get tenants to market rates! The property offers a mix of unit types to appeal to a wide range of renters. There are two 2-bedroom, 1-bath duplex units, three studio-style efficiency apartments, each with 1 bath, and a house with two 2 bedroom, 1 bath downstairs units. All buildings separately metered! Recent updates include a new septic pump installed in 2024 and HVAC servicing for the triplex completed in December 2024. This property offers a unique opportunity to capitalize on below-market rents and long-term tenants with a strong payment history, making it an ideal investment for those seeking stable cash flow and future growth potential.
Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
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Lyles is located in Tennessee. Lyles, Tennessee has a population of 1,218. Lyles is more family-centric than the surrounding county with 37.01% of the households containing married families with children. The county average for households married with children is 24.74%.
The median household income in Lyles, Tennessee is $55,909. The median household income for the surrounding county is $48,527 compared to the national median of $69,021. The median age of people living in Lyles is 37.9 years.
The average high temperature in July is 87.5 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 53.5 inches per year, with 2.2 inches of snow per year.
