Capitalize on tomorrow! These properties are an excellent buy. 18 units mile from Tennessee Tech. 1 year leases. Tenants pay water, sewer, and electricity. Only utility provided is cable. All stoves, refrigerators, hot water heaters, and HVAC units warrantied for 12 months from purchase. New metal roof 3 years ago. New exterior lighting 3 months ago. Parking lots will be all newly painted and striped. Parking lot has heating element on hill. 2 units are 3 bedrooms, 3 baths. 8 units are 3 bedrooms, 2 baths. 1 unit is 2 bedrooms, 1.5 baths. 7 units are 2 bedrooms, 1 baths. Plus one 8000 sq ft warehouse space that is currently rented. Rent is $12,550 per month - $150,600 annually. Cable is $675 per month - $8100 annually. This rental investment is worthy of serious thought. The seller requires that the buyer must have an approval letter or proof of funds before previewing.
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