Courtesy: Tennessee Property Group
931-264-8219
**Income-Producing Property:** This 36-unit apartment complex is situated in the heart of Martin, TN, just 1.2 miles from the University of Tennessee at Martin. This property presents an excellent opportunity to enhance your rental portfolio. Martin is a vibrant university town with various amenities that attract residents to the area. All units are 2-bedroom, 1-bathroom units that feature washer and dryer hookups. Some of the improvements made over the last 12 months include a new roof on buildings A, D, E, H, and J, as well as renovations to 16 units. Additionally, the back deck has been replaced for all 36 units. The current property manager is local and is willing to continue managing the property, facilitating a smooth transition for the new owner.
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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Martin is located in Tennessee. Martin, Tennessee has a population of 10,536. Martin is less family-centric than the surrounding county with 25.46% of the households containing married families with children. The county average for households married with children is 28.07%.
The median household income in Martin, Tennessee is $37,487. The median household income for the surrounding county is $43,773 compared to the national median of $69,021. The median age of people living in Martin is 24.7 years.
The average high temperature in July is 89.3 degrees, with an average low temperature in January of 25.7 degrees. The average rainfall is approximately 52.7 inches per year, with 4.1 inches of snow per year.
