Description
This fantastic investment opportunity will immediately cash flow for its new owner and provide a great income. This four unit apartment complex consists of four townhouse units that are very well cared for. All units are rented for $875.00. Each unit consists of two bedrooms, 1.5 baths, kitchen, and living room. This complex features separate metered electric for each unit. The current owner pays an average of $115.00.00 per month for water and $160.00 per month on trash pick up. The current owner has a flood insurance policy and that has been factored into the annual operating expenses. Furthermore, utilities are in the annual operating expenses as well. This complex is extremely well maintained, and sits directly on the Laurel Fork of the river and would provide an excellent investment opportunity with a great return on your money. All information and square footage are subject to buyer verification.
School Information
Description
This fantastic investment opportunity will immediately cash flow for its new owner and provide a great income. This four unit apartment complex consists of four townhouse units that are very well cared for. All units are rented for $875.00. Each unit consists of two bedrooms, 1.5 baths, kitchen, and living room. This complex features separate metered electric for each unit. The current owner pays an average of $115.00.00 per month for water and $160.00 per month on trash pick up. The current owner has a flood insurance policy and that has been factored into the annual operating expenses. Furthermore, utilities are in the annual operating expenses as well. This complex is extremely well maintained, and sits directly on the Laurel Fork of the river and would provide an excellent investment opportunity with a great return on your money. All information and square footage are subject to buyer verification.
© 2024 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2024-12-12T15:00:03.747.