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356 Beechcroft Rd 8 Unit Apartment Building $2,753,364 CAD ($344,170 CAD/Unit) 5% Cap Rate Spring Hill, TN 37174
Executive Summary
Rare 8-unit multifamily investment opportunity on 1.01± acres in Spring Hill, TN. The property consists of four duplex buildings totaling 8,528± SF, with approximately 2,132± SF per duplex. Each building features two 2-bedroom, 1-bathroom units, for a total of eight residential units. All units include a refrigerator, washer, and dryer.
This well-configured multifamily property offers investors the opportunity to acquire eight income-producing units within a single asset in the highly desirable and growing Spring Hill market.
This well-configured multifamily property offers investors the opportunity to acquire eight income-producing units within a single asset in the highly desirable and growing Spring Hill market.
Property Facts
| Price | $2,753,364 CAD | Apartment Style | Townhome |
| Price Per Unit | $344,170 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.01 AC |
| Cap Rate | 5% | Building Size | 8,528 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1988 |
| Property Subtype | Apartment | Parking Ratio | 1.41/1,000 SF |
| Zoning | Commercial Multi Family - Commercial Zoning Multi Family | ||
| Price | $2,753,364 CAD |
| Price Per Unit | $344,170 CAD |
| Sale Type | Investment |
| Cap Rate | 5% |
| Sale Condition | 1031 Exchange |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 1.01 AC |
| Building Size | 8,528 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 1.41/1,000 SF |
| Zoning | Commercial Multi Family - Commercial Zoning Multi Family |
Amenities
Unit Amenities
- Dishwasher
- Storage Space
- Washer/Dryer
- Refrigerator
- Range
- Tub/Shower
- Patio
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | 1,066 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 025P-A-016.00 | Improvements Assessment | $498,727 CAD |
| Land Assessment | $66,697 CAD | Total Assessment | $565,423 CAD |
Property Taxes
Parcel Number
025P-A-016.00
Land Assessment
$66,697 CAD
Improvements Assessment
$498,727 CAD
Total Assessment
$565,423 CAD
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356 Beechcroft Rd
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