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    108 Looney St N Cowan, TN 37318

    For Sale
    $900,000

    New construction multifamily property with six units near Nissan plant.

    Property size:
    4,800 SF

    Property Features for 108 Looney St N

    General Information

    Size
    4,800 SF

    Building Details

    Year built
    2024

    Source: Keller Williams Realty Greater Downtown Agent Daryl Welch

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Construction Multifamily Investment Property

    This new construction multifamily property features six units, each with two bedrooms and two bathrooms. Each unit includes washer and dryer hookups and tile flooring throughout. The units offer approximately 800 square feet of living space and are equipped with ceiling fans. The property includes an outdoor patio suitable for cookouts and provides 12 parking spaces. Located in historic Cowan, Tennessee, the property is situated minutes from the Nissan plant and Winchester. The property is vacant and ready for occupancy.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Clothing Store Gym & Fitness Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cowan
    County
    Franklin
    State
    Tennessee
    Longitude
    -86.02137
    Latitude
    35.162717

    Nearby Similar for Sale

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    • $1,200,000
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      New Construction Multifamily Investment Property

      New construction multifamily property near Nissan plant, ready for occupancy.
      116 Looney St N, Cowan, TN 37318
      View Details
    • $1,200,000
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      New Multifamily Construction Near Nissan Plant

      New 8-unit multifamily property near Nissan plant, ready for occupancy.
      112 Looney St N, Cowan, TN 37318
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    • $130,000
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      Cowan Mixed-Use Commercial Property

      High-traffic location, 1,472 sq ft. Ready for your business.
      503 Cumberland St, Cowan, TN 37318
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    FAQs

    What type of property is this?
    Apartment building - New construction multifamily property with six units near Nissan plant.
    Where is this apartment building located?
    The property is located at 108 Looney St N Cowan, TN.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - New construction (2024); - Six 2-bedroom, 2-bathroom units; - Ideal for investors; ready for immediate occupancy
    (931) 247-5998
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    Cowan, TN 37318
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    108 Looney St N Cowan, TN 37318
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