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43-Unit Apartment Complex
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340 W Briar Ave, Jamestown, TN 38556

Investment apartment complex with 43 units and three storage units across three buildings.

Property Size25,980 SF
Price / SF$123.17
Days on Market181

Property Features for 340 W Briar Ave

General Information

Standard status Active
Size 25,980 SF
Property subtype Multifamily
Zoning commercial
Occupancy 80%

Building Details

Year Built 1993
Stories 1
Units 43
Listing Agency: True North Real Estate Services
Listed By: Landon Dickerson · License #265765
Source: Crexi
Added: Mar 9 Changed: Aug 23 Last Checked: Aug 26 at 11:14AM

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 True North Real Estate Services

Investment Insights

Based on property information with market context.

This 43-unit apartment complex includes three storage units and is currently operated as a turn-key income property. The asset is spread across three buildings, with several units recently updated by the current owners, and only a limited number of units not currently occupied due to remodeling in progress.

At 340 W Briar Ave (“The Village”), there are 24 units: 21 two-bedroom/two-bath units configured as 2BR/1BA, along with one 2BR/1.5BA and two 1BR/1BA units. At 401 Livingston Ave (“The Hills”), there are eight units plus three storage units: seven 2BR/1BA units and one 3BR/1BA unit. At 222 Chapman (“The Coves”), there are 11 units, comprised of 4 units with a 2BR/2BA configuration, 4 units with a 2BR/1BA configuration, 3 units with a 1BR/1BA configuration, and one studio unit.

The Coves building also includes a former laundry area that could be moved back to laundry use.

Key Highlights

  • 43‑unit apartment complex in Jamestown, TN plus 3 storage units
  • Year built 1993
  • Building at 340 Briar Ave "The Village" has 24 units: (21) 2BR/1BA, (1) 2BR/1.5BA, (2) 1BR/1BA

Property Analytics

Current Use

York Apartments Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Butcher HVAC Service Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

400
Businesses Nearby

Demographics for 38556, TN

12,742
Population
6,406
Households
2
Avg Household Size
48
Median Age
14%
College-Educated
83%
High-School Grad
315.9 sq mi
ZIP Area
40
Density / Sq Mi
$42,819
Median Household Income
$28,525
Median Earnings
$587
Median Rent
$147,300
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 - Investment apartment complex with 43 units and three storage units across three buildings.
Where is this apartment building located?
The property is located at 340 W Briar Ave Jamestown, TN.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 43‑unit apartment complex in Jamestown, TN plus 3 storage units; Year built 1993; Building at 340 Briar Ave "The Village" has 24 units: (21) 2BR/1BA, (1) 2BR/1.5BA, (2) 1BR/1BA
(931) 261-8707 Call to check price and availability
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