Courtesy: The Realty Association
6153859010
10 unit multifamily investment located in a quant town of Vanleer. Well maintained. 9 units of 1 bed, 1 bath; 1 unit 2 bed, 1 bath. Weekly rentals, currently providing utilities (water and electric, gas/ water heater). Cash Flow with long term tenancy. Occupancy is at 100%, due to a strong workforce and affordable housing units local to Dickson, Clarksville, Erin, Cumberland City, and Waverly. Small town apartment complex. 40% on Housing Authority, 60% Private.
Courtesy: Parker Peery Properties
6154461884
INCOME-PRODUCING INVESTMENT OPPORTUNITY! Sale includes a QUADPLEX, DUPLEX, AND AN ADDITIONAL LOT located at 15030 and 15076 Highway 49 W. Offering a total of 6 RENTAL UNITS, this property presents an excellent opportunity for investors looking to expand their portfolio. The quadplex consists of four 1 BEDROOM, 1 BATHROOM units and is ZONED COMMERCIAL. The duplex includes one 2 BEDROOM, 1 BATHROOM unit and one 1 BEDROOM, 1 BATHROOM unit and is ZONED RESIDENTIAL. Recent improvements include Unit 2 in the quadplex with NEW FLOORING, NEW CABINETS, NEW COUNTERTOPS, AND NEW REFRIGERATOR. Unit 4 features NEW FLOORING and a NEWER REFRIGERATOR. The quadplex roof is approximately 5 YEARS OLD. All units are currently occupied. Tenants have completed their initial lease terms and are currently MONTH-TO-MONTH. SECURITY DEPOSITS ARE IN PLACE, and each unit has its own SEPARATE ELECTRIC METER. Current rental income totals approximately $5,450 PER MONTH, with the duplex generating $1,850 PER MONTH and the quadplex generating $3,600 PER MONTH ($900 per unit). SELLER CURRENTLY PAYS UTILITIES, which are reported to be reasonable. Conveniently located LESS THAN 20 MINUTES FROM DOWNTOWN ERIN, this fully occupied property offers immediate cash flow and is ready for its new owner. Opportunities to purchase 6 INCOME-PRODUCING UNITS, AN ADDITIONAL LOT, AND BOTH COMMERCIAL AND RESIDENTIAL ZONING in one package are hard to find. Whether you’re looking to grow your portfolio or add a strong-performing asset to your investment holdings, this property checks all the boxes.
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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Vanleer is located in Tennessee. Vanleer, Tennessee has a population of 538. Vanleer is more family-centric than the surrounding county with 30.33% of the households containing married families with children. The county average for households married with children is 29.43%.
The median household income in Vanleer, Tennessee is $43,125. The median household income for the surrounding county is $61,388 compared to the national median of $69,021. The median age of people living in Vanleer is 39.6 years.
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 26.2 degrees. The average rainfall is approximately 53.5 inches per year, with 2.3 inches of snow per year.
