38 Units in Excellent Cleveland TN location. 8.3% CASH ON CASH, Built 1985, below market rents. 8 Cap on Actual Financials. 5 XGRM, $35.43/ft, $20,921/unit. Priced to sell. Current Tax Appraisal $838,500. Good Unit Mix with 24-1BR+1BA, and 14-2BR+1BA. Well located to downtown and local shopping. Located just 35 minutes from downtown Chattanooga and 20 minutes from the Volkswagen Mfg Plant. No sign. Square footage from tax records, is not guaranteed & should be verified by buyer.
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