Address: 125 North Fairgrounds Street, Jackson, Tennessee, US
Created date: May 6, 2024
Date last updated: May 6, 2024
- Great unit mix of primarily 2B/1B
- Strong rental market near Regional Hospital and major employers
- All single-story building which reduces repair costs
- Washer/Dryer hook-ups, metered electric, & individual water heaters
- Recently renovated
- Upside in Rents with more efficient management
Property Description
TN Firm Lic.265971
Broker Lic.371574
Adrian Del Rio
(615)626-6426 Direct
99 E Main St., STE 200
Franklin, TN 37064
Presenting a solid investment opportunity to acquire 5 apartment units located at 125 North Fairgrounds Street in Jackson, TN. This multifamily property features a 3,769 SF, single-story building with 5 units, showcasing a desirable unit mix primarily consisting of 2B/1B layouts.
Renovated in 2024, this asset offers standard amenities with washer/dryer hook-ups, metered electric, and individual water heaters. Situated in a strong rental market near the Regional Hospital and major employers, this property presents an attractive opportunity for a first-time investor or an investor that owns in the market seeking to expand their portfolio. With excellent potential for increased rents through efficient management and some additional improvements, this can result in a nice cash-flow opportunity.
*Currently there's one (1) down unit that is need of a complete renovation (Buyer's to obtain their own contractor bids).