1299 Wood StParis, TN 38242

Property Details for 1299 Wood St

Lot size

12.73 AC

Property size (Sq ft)

6,297 SF

Property type

Land

Property subtype

Multifamily properties

Description

This exceptional investment opportunity in Paris, Tennessee, presents a unique multi-parcel offering. The property includes an eight-unit apartment building currently operating at 88% occupancy, built in 1993 and 1950, encompassing a total of 6,297 square feet across two one-story buildings. The complex offers 12 parking spaces. In addition to the apartment building, the sale includes 9.705 acres of developable land, zoned for commercial use, providing significant potential for future expansion or development. A 1,100 square foot house, also commercially zoned, is included in this sale. The entire property sits on 12.73 acres and is designated by APN numbers 095N F 049.1; 095 F 044.00; 095N F 025.01. The asking price for this fee-simple ownership is $2,800,000. This mixed-use property presents a compelling value-add opportunity for investors seeking a diverse portfolio in a growing area. The property is located at 1299 E Wood St, Paris, TN 38242. Professional photos will be available soon.

Location Insight

City

Paris

County

Henry

State

Tennessee

Latitude

36.3052

Longitude

-88.2992

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