369 Warren Street
- • Two apartment buildings totaling 12 units with in-place rental income
- • Situated on approximately 1.9 acres
- • Adjacent ±1 acre parcel potentially available for assemblage
- • Opportunity for long-term hold with stable workforce housing demand in the local market
Property Description
The offering consists of two apartment buildings totaling twelve units situated on approximately 1.9 acres in Madisonville, Tennessee. The property provides in-place income and operational stability in a market with limited multifamily inventory and consistent local housing demand. Additionally, an adjacent one-acre parcel may be available for purchase, providing a potential assemblage opportunity. This investment is well suited for an owner-operator or regional investor seeking steady cash flow with long-term upside potential.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,350,000 |
| No. of Units: | 12 |
| Lot Size: | 1.90 Acres |
| Opportunity Zone: | No |
| Price per unit: | $112,500 |
| Property Website | Click Here |
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