542 Ashe Ave, New Johnsonville (37134)
$1,895,000
0 
0
18,720
PROPERTY DETAILS
| Address: |
view address New Johnsonville, TN 37134 Map Location |
Features: | Multi-level |
|---|---|---|---|
| Square Feet: | 18,720 sq.ft. | Lot Size: | 3.5 |
| Year Built: | 1969 | Property Type: | Multi Family |
| Neighborhood: | Lakeside Manor Apartments | County: | Humphreys |
| List Date: | 2023-11-13 | Listing Number: | 2592966 |
| Listed By: | Realty Executives Hometown Living | Listing Office: | 6153196360 |
PROPERTY DESCRIPTION
Welcome to your next lucrative investment venture in the heart of New Johnsonville! This 24-unit apartment complex offers you the perfect opportunity to grow your real estate portfolio and maximize your returns. With spacious two-bedroom, one-bath units and proximity to the area's largest employers, this is a promising value-add property with a built-in revenue potential. Select units have been tastefully updated with new vinyl floors, fresh paint, and modern appliances, providing an attractive incentive for prospective tenants and rent increases. With a combination of updated units and rent increases in progress, this property offers substantial income growth potential. Additionally, the location's strong demand for housing, thanks to the proximity to major employers, makes it an ideal investment for long-term financial security. The included property management company is well-versed in the intricacies of the complex, enabling a smooth transition for the new owner. Don't miss out!
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Interior
| Baseboard Heat: | Yes | Laminate Flooring: | Yes |
| Vinyl Flooring: | Yes |
Exterior
| Asphalt Driveway: | Yes | Brick Exterior: | Yes |
| Building Design: | Multi Family | Living Square Feet: | 18,720.00 |
| Shingle Roof: | Yes | Total Above Grade Finished Sq Ft: | 18,720.00 |
Property and Lot Details
| Elementary School: | Lakeview Elementary | High School: | Waverly Central High School |
| Lot Dimension: | 3.50 | Lot Zoned: | Commercial |
| Middle School: | Lakeview Elementary | Public Water: | Yes |
| Septic System: | Yes | Subdivision: | Lakeside Manor Apartments |
| Taxes: | 6,928.00 | Transaction Type: | Sale |
| Year Built: | 1969 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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