The Bunkers Portfolio
Oak Ridge, TN - Small Multifamily Portfolio
Marketing description
Exceptional multifamily investment in Oak Ridge, Tennessee. This portfolio listing includes six quadplexes, along with a newly constructed management office/laundry facility/maintenance shop. Five of the six buildings have been renovated and are occupied, with the sixth building ready for enhancements. This is a unique opportunity to purchase a cash-flowing portfolio with a value-add opportunity through the renovation of the sixth building.
Situated in the heart of Oak Ridge, the area surrounding the property offers a strategic location for multifamily investors. Nearby, the Oak Ridge National Laboratory and Y-12 National Security Complex drive a strong local economy, attracting top talent. Due to the transient nature of the employment base in Oak Ridge, the multifamily market maintains high occupancy in all product classes.
Investment highlights
- Almost completely renovated
- Stabilized with market rents
- Laundry facility provides added income source
- Management/maintenance areas provide convenience for ownership
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