6/Plex Units for Sale
Multifamily
Marketing description
This fully renovated, 100% occupied multi-family complex is an exceptional investment opportunity. Recent upgrades include new refrigerators, new washers and dryers, and refreshed interiors throughout. Conveniently located just six minutes from the stunning Cumberland Mountains, Southeast Community College, and Lincoln Memorial University, the property offers quick access to shopping, the hospital, schools, and a charming downtown filled with restaurants and boutique shops.
Prime location. Strong rental history. A fantastic investment.
Investment highlights
Property Type: Multifamily – Apartment Building (Class B)
Units: 6
Occupancy: 100% (college students & staff)
Cap Rate: 10.81%
NOI: $86,400
Asking Price: $799,000
Year Built: 1984
Year Renovated: 2025
Stories: 2
Buildings: 1
Parking: 2 spaces per unit
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