28u Drake St Ripley, TN 38063

PRICED AT $5,000,000

Listing Details

  • $5,000,000
  • MLS# 10220264
  • Type Multi Unit - Multiple
  • Status Active
  • 1979 Year Built

Description

Huge investment portfolio consisting of 61 rentable units in Ripley: 36 townhomes consisting of 2 bedrooms & 1.5 baths. 16 apartments consisting of 2 bedrooms, 1 bath each. 9 single family houses consisting of 3 bedrooms & 2 baths. All have termite contracts in place and monthly maintenance sprays. Townhomes have newer roofs & HVAC units @ 2 years old. All are well maintained by owner. There are 5 townhomes on the rear of the Jefferson St property that are vacant and in need of full renovations, no value is attributed to these units. More information available for serious, qualified or cash investors.

Features

  • Central
  • Central, Electrical
  • Built in 1979
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Gallery

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All Property Features

  • Property Type: Multi Unit - Multiple
  • Cooling: Central
  • Days on Site: 6
  • Floors/ Ceilings: Tile, Partial Carpet, Wood Laminate Floors, Dry Wall, Paneled,8 Feet
  • Heating: Central, Electrical
  • Roof Type: Composition
  • Units: 61
  • Year Built: 1979