900 Stratford Cir NW Cleveland, TN 37312
Four well-maintained townhome units in Cleveland's Stratford Village.
Property Features for 900 Stratford Cir NW
General Information
- Standard status
- Active
- Size
- 4,332 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1984
Listing office Keller Williams Realty (423) 664-1600
Listing date Jan 27, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Four units being sold together in Stratford Village.
- Consistent rental history.
- Conveniently located minutes to I‑75.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.1k | $12.96 |
| − Vacancy | −$3.3k | −$0.75 |
| EGI | $52.9k | $12.21 |
| − OpEx | −$15.9k | −$3.66 |
| NOI | $37.0k | $8.55 |