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4819 Tennessee 49 Vanleer, TN 37181

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For Sale
$1,565,000

10-unit multifamily property in Vanleer, Tennessee, 100% occupied.

Property size:
6,460 SF

Property Features for 4819 Tennessee 49

General Information

Size
6,460 SF

Source: Brian Truman Agent Brian Truman

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


Overview

Vanleer Multifamily Investment Opportunity

The Vanleer Apartments present a multifamily investment opportunity, featuring 10 units in Vanleer, Tennessee. The property consists of nine one-bedroom, one-bath units and one two-bedroom, one-bath unit, each equipped with functional layouts and full kitchens. The property operates on a weekly rent collection model under annual lease agreements. The property is currently operating at a 7% cap rate. The property maintains 100% occupancy, supported by workforce housing demand from surrounding employment hubs in Dickson, Charlotte, and Burns. Located along Highway 49 W, the property benefits from visibility and accessibility while maintaining a small-town atmosphere. The property offers potential for rent growth through renovations and professional management. The property is part of a portfolio of 27 units. The location offers a blend of rural landscapes and amenities, with attractions such as Montgomery Bell State Park and Loretta Lynn's Ranch. The area provides a local dining scene, arts and culture, and outdoor recreational opportunities.
Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City
Vanleer
County
Dickson
State
Tennessee
Longitude
-87.4602
Latitude
36.2257

FAQs

What type of property is this?
Apartment building - 10-unit multifamily property in Vanleer, Tennessee, 100% occupied.
Where is this apartment building located?
The property is located at 4819 Tennessee 49 Vanleer, TN.
What is the asking price?
The asking price for this property is $1,565,000.
What are key features of this property?
This property features: - 100% Occupancy: Demonstrates strong demand and immediate cash flow; - 7% Cap Rate: Indicates a solid return on investment; - Diverse Unit Mix: Consists of nine 1BR/1BA units and one 2BR/1BA unit
More about this property
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