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201 William D Jones Blvd
Fayetteville, TN 37334
Fayetteville Flats · Immeuble residentiel Propriété À vendre
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19 Unités
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Faits saillants de l'investissement
- All 2-Bed/1-Bath Units (900 SF): Uniform layouts offer operational efficiency and tenant appeal.
- Utility-Ready Infrastructure: Electric, water, and gas lines in place with potential for individual metering.
- Plumbing & Electrical: Featuring PVC/PEX piping, copper wiring, and 100-amp Murray brand electrical panels
- High Yield Potential: With significant renovation, this property presents an opportunity to unlock durable cash flow and long-term appreciation.
- On-Site Laundry Facility: Existing infrastructure to support added revenue stream and tenant convenience.
- Mixed Foundation: First third of the building sits atop a crawlspace, with the remaining two-thirds on a concrete slab
Résumé de l'annonce
Link to the Fayetteville Flats Deal Room: https://www.?marcusmillichap.?com/properties/183602/fayetteville-flats
Marcus & Millichap has been selected to exclusively market for sale the Fayetteville Flats in Fayetteville, TN.? This offering will allow a potential investor to purchase a rare value-add investment opportunity located in middle Tennessee.?
This multifamily property in Fayetteville, TN presents a compelling value-add opportunity for investors seeking upside through renovation and repositioning.? Previously mid-renovation, the asset consists of 100% 2-bedroom / 1-bath units averaging 900 square feet, along with an on-site laundry facility.? The property is utility-ready, with infrastructure in place for individual electric, water, and gas metering, copper wiring, PVC/PEX plumbing, and 100-amp panels.? No HVAC systems are currently installed, providing a clean slate for the implementation of modern, energy-efficient systems and the opportunity to enhance property performance.? Located approximately 30 minutes from Huntsville, AL and 90 minutes from Nashville, TN, the asset benefits from strong regional connectivity, a low cost of living, and a stable manufacturing employment base.? Upon completion of renovations, investors have the opportunity to reposition the property into a stabilized, cash-flowing asset within a growing workforce housing market.?
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.?
Marcus & Millichap has been selected to exclusively market for sale the Fayetteville Flats in Fayetteville, TN.? This offering will allow a potential investor to purchase a rare value-add investment opportunity located in middle Tennessee.?
This multifamily property in Fayetteville, TN presents a compelling value-add opportunity for investors seeking upside through renovation and repositioning.? Previously mid-renovation, the asset consists of 100% 2-bedroom / 1-bath units averaging 900 square feet, along with an on-site laundry facility.? The property is utility-ready, with infrastructure in place for individual electric, water, and gas metering, copper wiring, PVC/PEX plumbing, and 100-amp panels.? No HVAC systems are currently installed, providing a clean slate for the implementation of modern, energy-efficient systems and the opportunity to enhance property performance.? Located approximately 30 minutes from Huntsville, AL and 90 minutes from Nashville, TN, the asset benefits from strong regional connectivity, a low cost of living, and a stable manufacturing employment base.? Upon completion of renovations, investors have the opportunity to reposition the property into a stabilized, cash-flowing asset within a growing workforce housing market.?
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.?
Faits sur la propriété
| Prix par unité | 44 432 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 3,82 AC |
| Condition de vente | Bâtiment non meublé | Taille du bâtiment | 17 100 pi² |
| Nombre d’unités | 19 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 1940 |
| Sous-type de propriété | Appartement | Zone de développement économique |
Oui
|
| Style d’appartement | De faible hauteur |
| Prix par unité | 44 432 $ CAD |
| Type de vente | Investissement |
| Condition de vente | Bâtiment non meublé |
| Nombre d’unités | 19 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 3,82 AC |
| Taille du bâtiment | 17 100 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1940 |
| Zone de développement économique |
Oui |
Commodités
Commodités du site
- Installations de lessive
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 19 | - | 900 |
Impôts fonciers
| Numéro de lot | 079B-E-025.04 | Évaluation des bâtiments | 250 840 $ CAD |
| Évaluation du terrain | 24 707 $ CAD | Évaluation totale | 275 547 $ CAD |
Impôts fonciers
Numéro de lot
079B-E-025.04
Évaluation du terrain
24 707 $ CAD
Évaluation des bâtiments
250 840 $ CAD
Évaluation totale
275 547 $ CAD
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