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Villages of Oakland 9120 Feathers Chapel Dr 14 Unit Apartment Building $3,478,758 CAD ($248,483 CAD/Unit) Somerville, TN 38068
Investment Highlights
- Multi Family
- Fayette County
Executive Summary
7 buildings (duplexes) 14 total spaces. Villages of Oakland.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$258,255
|
$20.18
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$258,255
|
$20.18
|
| Taxes |
$10,443
|
$0.82
|
| Operating Expenses |
$14,824
|
$1.16
|
| Total Expenses |
$25,267
|
$1.97
|
| Net Operating Income |
$232,988
|
$18.20
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $258,255 |
| Annual Per SF | $20.18 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $258,255 |
| Annual Per SF | $20.18 |
| Taxes (CAD) | |
|---|---|
| Annual | $10,443 |
| Annual Per SF | $0.82 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $14,824 |
| Annual Per SF | $1.16 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $25,267 |
| Annual Per SF | $1.97 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $232,988 |
| Annual Per SF | $18.20 |
Property Facts
| Price | $3,478,758 CAD | Building Class | C |
| Price Per Unit | $248,483 CAD | Lot Size | 11.76 AC |
| Sale Type | Investment | Building Size | 12,800 SF |
| No. Units | 14 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 2018 |
| Apartment Style | Townhome | ||
| Zoning | R-4 - Multi-family zoning | ||
| Price | $3,478,758 CAD |
| Price Per Unit | $248,483 CAD |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 11.76 AC |
| Building Size | 12,800 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2018 |
| Zoning | R-4 - Multi-family zoning |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 14 | - | 916 |
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 065-002.00 | Total Assessment | $996,266 CAD (2025) |
| Land Assessment | $129,178 CAD (2025) | Annual Taxes | $10,443 CAD ($0.82 CAD/SF) |
| Improvements Assessment | $867,088 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
065-002.00
Land Assessment
$129,178 CAD (2025)
Improvements Assessment
$867,088 CAD (2025)
Total Assessment
$996,266 CAD (2025)
Annual Taxes
$10,443 CAD ($0.82 CAD/SF)
Tax Year
2024
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Villages of Oakland | 9120 Feathers Chapel Dr
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