Listed by SVN Wood Properties, SVN | Wood Properties
$325,000
206 Ferry Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,610
Units 2
Cap Rate 9.23%
NOI $30,000
Tenancy Multi
Class B
Year Built 1965
Year Renovated 2002, 2025
Buildings 2
Acreage 0.150
Zoning R-1
Investment Type Value Add
Sale Condition For sale by owner
Turnkey downtown Loudon duplex with renovated 2BR main home, vacant 1BR rear unit, immediate income,
Marketing description
Introducing a prime investment opportunity in Loudon, TN! This 1,610 SF multifamily property presents an ideal prospect for high-rise investors. Boasting two spacious units, this building offers lucrative potential in a desirable location. With a focus on modern amenities and flexible floor plans, this property is an attractive choice for those seeking to bolster their real estate portfolio. Take advantage of this rare chance to invest in a thriving market and secure a sound return on investment. Don't miss out on the chance to own this promising asset in the sought-after Loudon area.
Investment highlights
- 2 buildings/units
- Strong rental income potential
- Prime location in Loudon area
- High-quality construction and finishes
Listing Contacts
Listed by SVN Wood Properties, SVN | Wood Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$30,000.00
$2,500.00/mo
Valuation Metrics
0
DSCR
9.23%
Cap Rate
9.23%
ROI
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