7680 Hillsboro Hwy Hillsboro, TN 37342-3147
This exceptional investment opportunity presents a portfolio of three income-producing buildings situated on a one-acre lot in Hillsboro, Tennessee. The portfolio comprises a total of 4,000 square feet and includes three rental units. The main property, located at 7680 Hillsboro Hwy, is a two-unit building, recently remodeled and equipped with modern appliances (stove, refrigerator, microwave, dishwasher, and washer/dryer) in each unit. Each of these units currently commands a monthly rent of $1,400. A second building, situated at 7696 Hillsboro Hwy, is a charming three-bedroom, one-bathroom brick home, currently leased for $1,300 per month. Finally, a third building on the property offers significant potential for conversion into a desirable three-bedroom, two-bathroom rental unit. The asking price for this entire portfolio is $699,900, representing a price per unit of $233,300 and a price per square foot of $174.97. This property presents a strong cash flow opportunity with significant upside potential. Please respect tenant privacy and refrain from disturbing occupants or placing signage on the property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.