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Under Construction 8 Units PLUS 2 Lots! 4 Properties Offered at $3,458,475 CAD in Multiple Locations

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INVESTMENT HIGHLIGHTS

  • Under Construction Rental Portfolio
  • PLUS TWO Four Family/ Quadplex Buildings Ready To Rent Early 2026
  • Estimated Completion Early 2026
  • PLUS TWO Adjacent Building Lots zoned R-2

EXECUTIVE SUMMARY

ATTENTION INVESTORS! 1031 Exchange Buyers Welcome. Under construction are TWO Four-Family/ Quadplex buildings for a total of 8 doors ready to rent at completion, PLUS TWO adjacent building lots zoned R-2! Residential R-2 allows for Single Family, Two-Family/ Duplex, and Four-Family/ Quadplex, among other things. Each building will have four: 3 bedrooms, 2 and a half bathrooms, one car garage, 9 foot ceilings on the main level, vaulted ceilings in all bedrooms with ceiling fans, 2 story foyer, LVP flooring, custom soft close white cabinets, granite countertops, kitchen island, stainless steel appliances, and back patio. Designed and built for low maintenance. Enjoy future rental income while building on the adjacent lots. City Water, Sewer, Electricity, and water meter boxes have been set for lots. MLS listing reflects information for the one Four-Family/Quadplex on Lot 52. Property taxes to be determined. Information is deemed reliable but is not guaranteed. Buyers are responsible to independently verify all information. Agent has a personal interest. Local Lender recommendations available. Owner financing is not available. Access road will be completed prior to closing. Sold together are Lot 51 Gate Tower Way NE Parcel Id/ Tax ID: 050E H 039.00, Lot 52 Gate Tower Way NE Parcel Id/ Tax ID: 050E H 040.00, PLUS TWO ready to build adjacent lots, Lot 49 Bell Tower Ln Parcel ID/ Tax ID: 050E H 017.00 and Lot 50 Bell Tower Ln Parcel ID/ Tax ID: 050E H 018.00). APPOINTMENTS ARE REQUIRED - NO TRESPASSING. Call for more information.

TAXES & OPERATING EXPENSES (PRO FORMA - 2026) Click Here to Access

ANNUAL (CAD)
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

TAXES & OPERATING EXPENSES (PRO FORMA - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $99,999
Taxes (CAD)
Annual $99,999
Operating Expenses (CAD)
Annual $99,999
Total Expenses (CAD)
Annual $99,999
Net Operating Income (CAD)
Annual $99,999

PROPERTY FACTS

Price $3,458,475 CAD
Price / SF $197.62 CAD / SF
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 17,501 SF
Total Land Area 2.23 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Land 0.58 AC - -
Multifamily 6,248 SF 2026 -
LOT 50 Bell Tower Lane North East, Cleveland, TN 37312 Land 0.73 AC - -
LOT 51 Gate Tower NE way, Cleveland, TN 37312 Multifamily 17,501 SF 2026 -
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  • Listing ID: 38046446

  • Date on Market: 2025-10-11

  • Last Updated:

  • Address: Under Construction 8 Units PLUS 2 Lots!, Cleveland, TN

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