Furnished Efficiency Apartment
1300 S Lee Hwy Cleveland, TN 37311
For Sale
Contact for pricing
Pending
Recent conversion offers furnished efficiency units with full baths and kitchenettes, plus parking on-site.
Days on Market104
Property Features for 1300 S Lee Hwy
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing Agency:
Bender Realty
Listed By:
James Metzger · License #TN 277658
Source:
Crexi
Added: Apr 12
Changed: Jul 23
Last Checked: Jul 24 at 6:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bender Realty
Investment Insights
Based on property information with market context.
City View Apartments is a recent conversion featuring 21 efficiency units. Thirteen units have been converted and are currently rented, and one converted unit has been repurposed into a laundry room. The remaining eight units are available for restoration and potential income expansion, subject to the buyer’s plan.
Each unit has a full bath and a kitchenette. Kitchenettes include a granite countertop and appliances such as a stovetop, microwave, sink, and refrigerator. The 13 rented units are furnished, including a bed, chest of drawers, nightstand, and lighting, and the owner reports that the monthly rentals are in place on year leases. NOI is based on income from the 13 units only.
The property is offered for sale with plenty of parking, and the owner notes multiple options for completing the conversion, including the possibility of converting additional units into larger configurations.
Each unit has a full bath and a kitchenette. Kitchenettes include a granite countertop and appliances such as a stovetop, microwave, sink, and refrigerator. The 13 rented units are furnished, including a bed, chest of drawers, nightstand, and lighting, and the owner reports that the monthly rentals are in place on year leases. NOI is based on income from the 13 units only.
The property is offered for sale with plenty of parking, and the owner notes multiple options for completing the conversion, including the possibility of converting additional units into larger configurations.
Key Highlights
- City View Apartments with 21 efficiency units; 13 units converted and currently rented on year leases
- Converted units include furnished interiors with bed, chest of drawers, night stand, and lighting
- Each unit features a full bath and a kitchenette with granite countertops, stove top, microwave, sink, and refrigerator
Property Analytics
Location Intelligence
Current Use by Public Records
New Life Lodge
Church
FAQs
What type of property is this?
Apartment building - Recent conversion offers furnished efficiency units with full baths and kitchenettes, plus parking on-site.
Where is this apartment building located?
The property is located at 1300 S Lee Hwy Cleveland, TN.
What are key features of this property?
This property features: City View Apartments with 21 efficiency units; 13 units converted and currently rented on year leases; Converted units include furnished interiors with bed, chest of drawers, night stand, and lighting; Each unit features a full bath and a kitchenette with granite countertops, stove top, microwave, sink, and refrigerator
