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1994 Bouton Bnd
Cookeville, TN 38501

Eagles Bend Apartment · Residential Property For Sale · 18 Units

PROPERTY FACTS

No. Units 18
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 2.00 AC
Building Size 17,024 SF
Average Occupancy 100%
Number of Floors 2
Year Built 1993
Parking Ratio 1.29/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Wheelchair Accessible (Rooms)

About 1994 Bouton Bnd , Cookeville, TN 38501

Capitalize on tomorrow! These properties are an excellent buy. 18 units 1/2 mile from Tennessee Tech. 1 year leases. Tenants pay water, sewer, & electricity. Only utility provided is cable. All stoves, refrigerators, hot water heaters, and HVAC units warrantied for 12 months from purchase. New metal roof 3 years ago. New exterior lighting 3 months ago. Parking lots will be all newly painted and striped. Parking lot has heating element on hill. Includes a 8000 sq ft warehouse space that is currently rented. Rent is $12,550/month ($150,600 annually). Cable is $675/month ($8100 annually). This rental investment is worthy of serious thought. Rent roll and P&L available to qualified buyers.

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 6 - 850
2+2 1 - 850
3+2 9 - 900
3+3 2 - 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
040B-F-016.02
Land Assessment
£40,960
Improvements Assessment
£271,221
Total Assessment
£312,181

zoning

Zoning Code R3
R3
  • Listing ID: 17521730

  • Date on Market: 22/10/2019

  • Last Updated:

  • Address: 1994 Bouton Bnd, Cookeville, TN 38501

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