For Sale
$1,119,300

101 Blythe Ferry RdCleveland, TN 37312

Seven-unit apartment complex, 100% occupied

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a stabilized, seven-unit apartment building located at 101 & 103 Blythe Ferry Road NE in Cleveland, Tennessee. The property consists of two, two-story buildings totaling 6,514 square feet on a 0.93-acre lot. Built in 1970, this multifamily complex boasts a 100% occupancy rate, offering immediate cash flow. Each of the seven units features two bedrooms and one and a half bathrooms, providing comfortable living spaces ideal for families or professionals. The property is zoned for multi-family use and benefits from its prime location near Greenway Park, offering residents convenient access to outdoor recreation, shopping, and dining options. The asking price is $1,119,300, translating to a price per square foot of $171.83. The property's strong performance and desirable location make it an attractive investment for those seeking a stable and profitable venture in the Cleveland, Tennessee market. The property's parcel number is 042g H 001.02. This is a turnkey investment with no broker co-op required.

Highlights

  • Highly desirable location.
  • 100% occupancy rate.
  • Excellent building condition and maintenance.

Property Details for 101 Blythe Ferry Rd

Property type
Apartment buildings
Square Feet
6,514 SF
Year Built
1970
Buildings
2
Stories
2
Lot Size (sq. ft)
40,511 SF
Units
7

Location Insight

City
Cleveland
County
Bradley
State
Tennessee
Latitude
35.1909936
Longitude
-84.8509043
101 Blythe Ferry Rd, Cleveland, Tennessee

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101 Blythe Ferry Rd
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