Current Use by Public Records
- Residential income homes
Property Details for 1 Shelly Rd
- Property type
- Residential income homes
Description
This exceptional multifamily investment opportunity encompasses a portfolio of 24 single-family rental units situated at 1 Shelly Rd, Decherd, TN 37324, in Franklin County. The property is offered at an asking price of $3,500,000, translating to approximately $145,833 per unit. Currently configured as twelve duplex buildings, each unit boasts a generous 1,000 square feet of living space, totaling 2,000 square feet per building. High-quality finishes are standard throughout, including stainless steel Whirlpool stoves and microwaves, custom cabinetry, and durable LVP flooring. Each unit also features an additional room suitable for use as a study, recreation room, or other flexible space. Residents enjoy the convenience of private patios. The property's location near the Nissan Manufacturing plant in Decherd, Tennessee offers strong rental demand and potential for future appreciation. The sale includes the existing plat layout, providing a clear understanding of the property's configuration and potential for future development. This turnkey investment presents a compelling opportunity for significant returns. The property is being sold as a whole project. Each unit includes a living room and more.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Decherd
- County
- Franklin
- State
- Tennessee
- Longitude
- -86.0765
- Latitude
- 35.2314
