2048 Railroad St Dayton, TN 37321
- Commercial real estate
- 4,640 SF
- 0.30 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2048 Railroad St
- Year built
- 2008
- Lot size
- 0.30 lot acres
- Property size
- 4,640 SF
- Property type
- Commercial real estate
Description
This exceptional 8-unit apartment building, located at 2048 Railroad St, Dayton, TN 37321, presents a compelling investment opportunity. Built in 2008, this property comprises two, two-story buildings situated on a 0.3-acre lot, totaling 4,640 square feet of net rentable space. Each of the eight units offers a comfortable and well-designed layout, ideal for individuals or couples. The property's prime location in Dayton, Rhea County, provides convenient access to shopping, dining, and medical facilities, ensuring consistently high tenant demand. With a strong rental history and significant potential for future appreciation, this multifamily investment offers a secure and profitable return. The asking price is $725,000, translating to $156.25 per square foot and $90,625 per unit. This owner/user investment is an excellent addition to any portfolio seeking stable income and long-term growth in a desirable Tennessee market. The property's strong performance and location make it a truly attractive investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dayton
- County
- Rhea
- State
- Tennessee
- Longitude
- -85.008177283355
- Latitude
- 35.504754691821
