All Forum Posts by: Joe Flanigan

Yes it is available and address is 1006 11th Ave Nashville, Google earth has best photo as it is a tear down and you can see lot and the new homes on each side

Thanks

Yes- house was lived in to 4 months ago

Market value is over 500 with a 9 cap still, age is 30 years but less than 10 on mechanical as was redone 

Note - NOI in 2017 was 63,000....not sure how to edit post and was mistake is key stroke.

One of the hottest areas (German Town) in one of hottest cities.........Lot has an existing home on property that for the numbers to work will need to be a tear down and build, new builds on both sides of house sold for high 600,000's. Lot is capable of holding a large home ( 2700') and avg 250 sq ft.

$215,000

10 unit complex on the square in Lewisburg TN, 9 apartments with 1 bed/ bath, 800 sq ft, indivually metered, 100% occupancy with waiting list, tenants avg age is 50's, and length is 8 yrs at complex.

Complex has a newly renovanted Commercial space that signed a new 5 year lease in July in July 2017, company leasing is part of a billion dollar organzition and direct wires funds ( $1400 month)

Complex is solid brick, 9 of ten total units has been renovated 100%, has new roof in 2016, has 50 parking spots, no lanscaping as entire complex is asphalt. Has onsite laundry.

NOI is $43,000 yr

Asking Price $ 475,000

yes

South of Nashville- Lewisburg TN

Thanks

Cash producing apartment complex with one commercial property. Total annual rent for the 11 units is $ 70000 yr, commercial has signed new 5 year lease beginning in 2018, new roof, 100% occupancy and stable, all separately metered, new roof in 2017, 9 apartments have been redone ....includes flooring, cabinets , appliances, paint.

Sale Price =$475,000

I am out of town and will send info Monday on apartments and I do have a few really good GC’s that build HPR’s as I have 4 going up in West Nash now