92-Unit Apartment Community in
3700 Stephens Road NE Cleveland, TN 37312
3700 Stephens Road NE, Cleveland, TN, 37312
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For Sale
Contact for pricing
Well-maintained apartment community with recent improvements in a prime location.
Days on Market128
Property Features for 3700 Stephens Road NE
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency
Crye-Leike, REALTORS
(423) 596-7173
Listed by
Max Phillips · License #TN 203547
Source
Crexi
Added: Mar 12 Checked: Jul 17 at 3:49 am
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 Crye-Leike, REALTORS
Investment Insights
Based on property information with market context.
This well-maintained 92-unit apartment community is located in Cleveland, offering convenient access to shopping, dining, schools, and major routes. The property features a mix of units, including 64 one-bedroom/one-bath units, 19 two-bedroom/one-and-a-half-bath units, 8 two-bedroom/one-and-a-half-bath units with washer & dryer hookups, and 1 one-bedroom/one-bath unit with washer & dryer hookup. Tenants have access to a community laundry facility with pay-per-use washers & dryers. Significant capital improvements have been completed, including replacement of the main water line, new roofs, new windows, new steel steps, new paving, new gutters, updated siding and exterior paints, and new dumpsters. Interior upgrades include Allure Traffic Master flooring installed in approximately 90 percent of the units, new HVAC systems in an estimated 80 percent of the units, and new appliances. A substantial number of trees have been removed, enhancing visibility and curb appeal. The owner currently pays for water and sewer. The property is located just 5 minutes from everything Cleveland has to offer.
Key Highlights
- Prime Cleveland location, just 5 minutes from city amenities.
- Well‑maintained 92‑unit apartment community offering a strong investment opportunity.
- Extensive recent capital improvements including new roofs, windows, and updated paving.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Blythewood Apartments
Apartment Building
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FAQs
What type of property is this?
Apartment building - Well-maintained apartment community with recent improvements in a prime location.
Where is this apartment building located?
The property is located at 3700 Stephens Road NE Cleveland, TN.
What is the asking price?
The asking price for this property is $7,874,900.
What are key features of this property?
This property features: Prime Cleveland location, just 5 minutes from city amenities.; Well‑maintained 92‑unit apartment community offering a strong investment opportunity.; Extensive recent capital improvements including new roofs, windows, and updated paving.