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681 Shatel Ct 14 Unit Apartment Building $6,232,095 CAD ($445,150 CAD/Unit) 6.02% Cap Rate Cookeville, TN 38501

Apartment Buildings Tennessee Cookeville 681 Shatel Ct, Cookeville, TN 38501

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EXECUTIVE SUMMARY

14 Townhomes, multifamily units for Sale in Cookeville, Prime location near TTU, CRMC and minutes from I-40. This charming townhomes features a spacious layout, perfect for comfortable living and entertaining. Ideal for investment, with great rental potential due to its proximity to TTU/Cookeville Regional Medical Center and easy highway access.

PROPERTY FACTS

Price $6,232,095 CAD Apartment Style Townhome
Price Per Unit $445,150 CAD Building Class B
Sale Type Investment Lot Size 1.50 AC
Cap Rate 6.02% Building Size 20,800 SF
No. Units 14 No. Stories 2
Property Type Multifamily Year Built 2024
Property Subtype
Apartment
  • Multifamily Dormitory
 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning C-2 - Commercial
Price $6,232,095 CAD
Price Per Unit $445,150 CAD
Sale Type Investment
Cap Rate 6.02%
No. Units 14
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Townhome
Building Class B
Lot Size 1.50 AC
Building Size 20,800 SF
No. Stories 2
Year Built 2024
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning C-2 - Commercial

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2.5 12 - 1,425
3+3.5 2 - 1,825
1 1

PROPERTY TAXES

Parcel Number 066A-A-010.00 Improvements Assessment $0 CAD
Land Assessment $204,182 CAD Total Assessment $204,182 CAD

PROPERTY TAXES

Parcel Number
066A-A-010.00
Land Assessment
$204,182 CAD
Improvements Assessment
$0 CAD
Total Assessment
$204,182 CAD
(931) 881-6971

Still interested?

Contact the broker for more information about this property

CONTACT

  • Hinal Tanwar
    Hinal Tanwar

  • Listing ID: 37508742

  • Date on Market: 2025-09-02

  • Last Updated:

  • Address: 681 Shatel Ct, Cookeville, TN 38501

The Multifamily Property at 681 Shatel Ct, Cookeville, TN 38501 is currently available for Sale. Contact The Real Estate Collective for more information.

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681 Shatel Ct
(931) 881-6971 x

681 Shatel Ct

Hinal Tanwar
(931) 881-6971

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