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Lost Lane Flats Apartment Building
New
For Sale
$1,460,000

21 Lost Ln, Mc Ewen, TN 37101

Recently constructed multifamily property with individually metered electricity and water.

Property Size8,500 SF
Lot Size1.32 Acres
Days on Market4

Property Features for 21 Lost Ln

General Information

Standard status Active
Size 8,500 SF
Lot size 1.32 Acres
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 8 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units 9

Additional Details

Utilities to Site Yes

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 8,500 SF
Units 9
Listing Agency: Nashville Office
Listed By: Pat Cosgrove · License #License(s): TN: 341774
Source: Marcusmillichap
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 11 at 4:43AM

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 Nashville Office

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.

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

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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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 $1,460,000.
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
More about this property
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