Lost Lane Flats Apartment
21 Lost Ln, Mc Ewen, TN 37101
For Sale
$1,380,000
Recently constructed multifamily property with individually metered electricity and water.
Property Size8,500 SF
Lot Size1.32 Acres
Days on Market98
Property Features for 21 Lost Ln
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Utilities to Site
Amenities
Nine-unit multifamily investment comprised of one single-family rental and eight recently constructed apartment units.
Fully occupied property offering immediate in-place cash flow. Stabilized occupancy demonstrates current demand for the property's larger unit offerings.
Eight spacious 3 bed/2 bath units provide strong appeal to families and workforce housing tenants.
Individually metered for electricity and water, limiting landlord utility expenses.
Building Details
Building Size
Units
Listed By:
Pat Cosgrove
(615) 997-2853
Source:
Marcusmillichap
Added: Aug 8
Changed: Nov 4
Last Checked: Nov 12 at 4:16AM
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 Pat Cosgrove
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Investment Insights
Based on property information with market context.
Lost Lane Flats is a nine-unit apartment property in McEwen, Tennessee, with eight recently constructed three-bedroom, two-bath residences and one one-bedroom, one-bath single-family rental. The unit mix provides a range of floor plans within a relatively recent residential improvement set.
The property occupies 1.32 acres at 21 Lost Ln and is fully occupied. Electricity and water are separately metered for each residence, creating a defined utility structure for the asset. The combination of apartment units and a single-family rental offers distinct residential configurations within one multifamily property.
The property occupies 1.32 acres at 21 Lost Ln and is fully occupied. Electricity and water are separately metered for each residence, creating a defined utility structure for the asset. The combination of apartment units and a single-family rental offers distinct residential configurations within one multifamily property.
Key Highlights
- Nine‑unit multifamily property on 1.32 acres
- Eight three‑bedroom, two‑bath units
- One one‑bedroom, one‑bath single‑family rental
Property Analytics
Who owns this building?
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Lease Details
9
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
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Business Placement
Demographics for 37101, TN
6,481
Population
2,640
Households
2.5
Avg Household Size
43
Median Age
17%
College-Educated
84%
High-School Grad
199.9 sq mi
ZIP Area
32
Density / Sq Mi
$72,669
Median Household Income
$37,277
Median Earnings
$775
Median Rent
$208,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Recently constructed multifamily property with individually metered electricity and water.
Where is this apartment building located?
The property is located at 21 Lost Ln Mc Ewen, TN.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: Nine‑unit multifamily property on 1.32 acres; Eight three‑bedroom, two‑bath units; One one‑bedroom, one‑bath single‑family rental
