144 Nottingham Drive
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$875,000
Community: Forest City in Rutherford County
Thank You!
You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here
If You Have Any Other Questions, Call Us At 1(888)-247-3466
A great multifamily value add opportunity! The sale includes both 144 Nottingham Dr. with a total of five units and 110 Evergreen Ln. with a total of four units. Both properties also include a second parcel with the potential opportunity to expand or build additional structures. Two units at each property have been partially renovated. There is significant potential for rent growth by renovating the five non-updated units or by doing a complete renovation on all units. Additionally, the non-updated units have purposely been rented on a month-to-month basis to allow a new owner an easy transition for renovations. All other units currently have yearly leases. Reach out to the listing brokers for more details on in-place financials and projected pro forma. Buyer responsible for confirming all unit conditions, mechanical details, and other items of importance prior to closing as the ownership is not local and makes no representation.
Presented by:
Broad River Capital at NAI Beverly-Hanks Commercial
Listed by:
NAI Allen Tate Beverly-Hanks Commercial
Broad River Capital at NAI Beverly-Hanks Commercial
Listed by:
NAI Allen Tate Beverly-Hanks Commercial
Original Listing Price:
875,000
MLS #: 4159310
Listing Status: Active
Days on Market: 139
Buying Firm Commission: Test
Based on information submitted to the MLS GRID as of 2024-11-24 at 9:30PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Property Features
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Basement/Foundation: Slab
Water: City
Year Built: 1968
Cooling: Window Unit(s)
Sewer: Septic Installed
Heating/Cooling: Baseboard,Forced Air
Garage/Carport: Circular Driveway,Parking Space(s)
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