Se Connecter/S’inscrire
Votre courriel a été envoyé.
117 Cedarwood Dr
Lebanon, TN 37087
The Reserve at Lebanon · Immeuble residentiel Propriété À vendre
·
40 Unités
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- $585,000 spent on capital improvements over the last 36 months.
- 17 of 40 units have been renovated, allowing the opportunity to capitalize on proven rent premiums
- Ample green space throughout the property provides the opportunity to further enhance the community through the addition of outdoor amenities
- Improvements include new windows, unit renovations, exterior painting, exterior lighting, new signage, repaving, and landscaping
- Rents are currently $145 below the market rate, offering immediate value-add potential
- All units are equipped with washer and dryer connections
Résumé de l'annonce
Link to Deal Room and Financials: https://www.marcusmillichap.com/properties/183951/the-reserve-at-lebanon
Marcus & Millichap has been selected to exclusively market for sale The Reserve at Lebanon in Lebanon, TN. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in the Nashville, TN MSA.
The Reserve at Lebanon is a 40-unit multifamily community built in 1970, offering a mix of one- and two-bedroom floorplans with strong in-place occupancy and clear value-add upside. Ownership has invested approximately $585,000 over the past three years, including exterior improvements, unit renovations, and major system upgrades, with over 70% of HVAC units replaced and the roof replaced in 2018. With 17 units already renovated and rents currently below market, investors have the opportunity to continue interior upgrades and capture proven rent premiums. The property is individually metered and well amenitized, positioned in a growing Lebanon corridor within commuting distance to Nashville.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
At no point should tenants or staff be contacted regarding the sale of The Reserve at Lebanon.
Marcus & Millichap has been selected to exclusively market for sale The Reserve at Lebanon in Lebanon, TN. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in the Nashville, TN MSA.
The Reserve at Lebanon is a 40-unit multifamily community built in 1970, offering a mix of one- and two-bedroom floorplans with strong in-place occupancy and clear value-add upside. Ownership has invested approximately $585,000 over the past three years, including exterior improvements, unit renovations, and major system upgrades, with over 70% of HVAC units replaced and the roof replaced in 2018. With 17 units already renovated and rents currently below market, investors have the opportunity to continue interior upgrades and capture proven rent premiums. The property is individually metered and well amenitized, positioned in a growing Lebanon corridor within commuting distance to Nashville.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
At no point should tenants or staff be contacted regarding the sale of The Reserve at Lebanon.
Faits sur la propriété
| Prix par unité | 198 982 $ CAD | Style d’appartement | De faible hauteur |
| Type de vente | Investissement | Classe d’immeuble | C |
| Taux de capitalisation | 6,07% | Taille du lot | 3,33 AC |
| Nombre d’unités | 40 | Taille du bâtiment | 29 470 pi² |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 2 |
| Sous-type de propriété | Appartement | Année de construction/rénovation | 1970/2024 |
| Zonage | None | ||
| Prix par unité | 198 982 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 6,07% |
| Nombre d’unités | 40 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 3,33 AC |
| Taille du bâtiment | 29 470 pi² |
| Nombre d’étages | 2 |
| Année de construction/rénovation | 1970/2024 |
| Zonage | None |
Commodités
Commodités des unités
- Climatisation
- Balcon
- Lave-vaisselle
- Connexions pour laveuse/Sécheuse
- Chauffage
- Cuisine
- Réfrigérateur
- Fourchette
- Tapis
- Sans fumée
Commodités du site
- Accès 24 heures
- CVCA contrôlé par le locataire
- Sans fumée
- Sans ascenseur
- Détecteur de fumée
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 25 | - | 616 |
| 2+1.5 | 15 | - | 938 |
Impôts fonciers
| Numéro de lot | 081-043.01 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 27 805 $ CAD | Évaluation totale | 27 805 $ CAD |
Impôts fonciers
Numéro de lot
081-043.01
Évaluation du terrain
27 805 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
27 805 $ CAD
1 de 65
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
