$1,769,900 - 110 259 Hwy, Portland

-

Bedrooms

-

Baths

28,000

SQ. Feet

2008

Year Built

Prime Location! 9.2% cap rate! Four bldgs with 5 units each & two bldgs with 4 units each.Each unit 2 bedrooms w/ 1.5 baths & are 1000sq.ft. each.Located on the TN/KY line within 5 mins of 2 exits off of I-65 & within in 5 mins of the industrial park!

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Term 40 yr.35 yr.30 yr.25 yr.20 yr.15 yr.10 yr.5 yr. Rate 5%5.25%5.5%5.75%6%6.25%6.5%6.75%7%7.25%7.5%7.75%

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Essential Information

• MLS® #:

  1168608

• Price:

  $1,769,900

• Square Footage:

  28,000

• Year Built:

  2008

• Type:

  Multi-Family

• Sub-Type:

  More than 4 Units

• Status:

  Active

• Contingency Type:

  None

Financials

• Price:

  $1,769,900

• Tax Amount:

  $23,464

• Water Paid By:

  Owner

• Gas Paid By:

  None

• Electric Paid By:

  Tenant

• Zoning:

  RM-1

Community Information

• Address:

  110 259 Hwy

• Area:

  09-Sumner County

• Subdivision:

  Vail Crest Sub Sec 3

• City:

  Portland

• County:

  Sumner County

• State:

  TN

• Zip Code:

  37148

Amenities

• Sewer:

  Sewer

• Water Source:

  City Water

• Water Meter:

  Master

• Gas Meter:

  None

• Electric Meter:

  Individual

Interior

• Heating:

  Central

• Cooling:

  Central

• # of Stories:

  2

• Cooling Source:

  Electric

• Heating Source:

  Electric

• Floor:

  Electric

Exterior

• Exterior:

  Vinyl

• Construction:

  Partial Brick

School Information

• Elementary:

  Portland Gateview Elementary School

• Middle:

  Portland West Middle School

• High:

  Portland High School

Additional Information

• Zoning:

  RM-1

FloorPlan

• Main Floor SqFt:

  28,000

Listing Details

• Listing Office:

  Reliant Realty, Llc

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of RealTracs Solutions. Real estate listings held by brokerage firms other than The Ashton Real Estate Group of RE/MAX Elite are marked with the Internet Data Exchange Program logo or thumbnail logo and detailed information about them includes the name of the listing brokers.

Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on May 22nd, 2012 at 4:50am CDT.