8498 Shawn Ridge Road
Property Description
44 DOORS PRODUCING IMMEDIATE CASH FLOW FROM DAY ONE RARE OPPORTUNITY TO OWN AN ENTIRE INCOME PRODUCING STREET OF 22 DUPLEXES Offered for the first time ever, this exceptional portfolio features 22 duplexes (44 total doors) all conveniently located on a single street delivering unmatched operational efficiency and ease of management. Meticulously maintained by the original owners, this is a true turnkey investment with a proven track record of stable income and long term tenants. The portfolio includes a desirable mix of 18 one-level units and 6 two-story units with attached garages, appealing to a wide range of tenants. Floor plans vary from 2 bedrooms + den with 1.5 baths to 3 bedrooms + den with 2 full baths, offering flexible living spaces that drive strong occupancy. Each unit is well equipped with refrigerator, stove, dishwasher, and laundry hookups, while select units also feature generous 5x24 dry storage areas, an added bonus for tenants. Built between 1990 and 2013, the properties reflect consistent care and thoughtful upkeep throughout the years. This is a RARE, legacy offering where all the heavy lifting has already been done. Whether you're looking to expand your portfolio or secure a high performing, easy to manage asset, this investment checks all the boxes. Opportunities like this don't come around often. Own the ENTIRE street and step into immediate, reliable cash flow.
Broker Details
RE/MAX Properties (423) 894-2900
MLS ID: 10174 State License Number: 328732
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $6,500,000 |
| No. of Units: | 44 |
| Year Built: | 2013 |
| Lot Size: | 56,640.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $147,727 |
| Property Website | Click Here |
| Number of Bedrooms: | 50 |
| Number of Bathrooms: | 40 |
ID: 3yd-CARTN-1533329
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