1206 Parker St Columbia, TN 38401
4-Unit Value-Add Apartment Portfolio
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Exceptional value-add opportunity in Columbia, TN.
- Four-unit multifamily property on a 0.53-acre lot, built in 1997, renovated in 2021.
- Each unit features 2+ bedrooms, 1 bath, totaling 3,000 square feet.
- Currently 25% occupied, offering significant upside potential with pro-forma NOI of $44,000 and a 9.80% cap rate.
- Asking price: $449,000 ($112,250 per unit, $149.67 PSF).
Property Details for 1206 Parker St
- Property type
- Residential income homes, Apartment buildings
- Square Feet
- 3,000 SF
- Class
- D
- Year Built/Renovated
- 1997/2021
- Buildings
- 4
- Stories
- 1
- Lot Size (sq. ft)
- 23,087 SF
- Units
- 4
Location Insight
- City
- Columbia
- County
- Maury
- State
- Tennessee
- Latitude
- 35.608428657421
- Longitude
- -87.039806505073
Nearby Similar for Sale
FAQs
- What type of property is this?
- Residential income home - 4-Unit Value-Add Apartment Portfolio
- Where is the residential income home located?
- The property is located at 1206 Parker St Columbia, TN.
- What is the asking price?
- The asking price for this property is $449,000.
- What are key features of this property?
- This property features: Exceptional value-add opportunity in Columbia, TN.; Four-unit multifamily property on a 0.53-acre lot, built in 1997, renovated in 2021.; Each unit features 2+ bedrooms, 1 bath, totaling 3,000 square feet.
- How can I contact the broker?
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