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501-507 Cedarmont Dr Four Units 501 Cedarmont Dr 4 Unit Apartment Building $2,213,286 CAD ($553,321 CAD/Unit) 7.45% Cap Rate Antioch, TN 37013



EXECUTIVE SUMMARY
INCREDIBLE OPPORTUNITY 16 Bedrooms, 16 Bathrooms! OVER $120,000 annual gross rents! FOUR 4-bed / 4-bath units COMPLETELY renovated! See photos - beautifully renovated just prior to leasing all four units. This opportunity will not last! Turn Key 4 Plex in a phenomenal location. EVERYTHING IS BRAND NEW! New roof, new HVACs, new everything... Where are you going to find FOUR four-bedroom four-bath units in one location that have already been renovated? Includes two separate lots and the four units 501, 503, 505 and 507 Cedarmont Dr. The properties are only available for sale together as a package. Fantastic Property.
PROPERTY FACTS
| Price | $2,213,286 CAD | Building Class | B |
| Price Per Unit | $553,321 CAD | Lot Size | 0.33 AC |
| Sale Type | Investment | Building Size | 5,000 SF |
| Cap Rate | 7.45% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1983/2023 |
| Property Subtype | Apartment | ||
| Zoning | RS10 - Residential | ||
| Price | $2,213,286 CAD |
| Price Per Unit | $553,321 CAD |
| Sale Type | Investment |
| Cap Rate | 7.45% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.33 AC |
| Building Size | 5,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1983/2023 |
| Zoning | RS10 - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4 | 4 | - | 1,250 |
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501-507 Cedarmont Dr Four Units | 501 Cedarmont Dr
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