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SOLD Bridgeway Apartments 207 Bridgeway Ave

6 Unit Block of Flats £359,927 (£59,988/Unit) Old Hickory, TN 37138

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Investment Highlights

Benefits of immediate residential and future commercial income streams.
Renovated in 2016.
Very close to Old Hickory Lake’s Dam, Tailwater Access Area and Rockland Recreation Area.

Locally owned and professionally managed by a third-party property manager.
Along a main traffic artery with quick access to Old Hickory Boulevard, Interstate 65 and Interstate 24.
Near Riverside Golf Course and several parks including Madison Park and Cedar Hill Park.

Executive Summary

Benefits of immediate residential and future commercial income streams.
Locally owned and professionally managed by a third-party property manager.
Renovated in 2016.
Along a main traffic artery with quick access to Old Hickory Boulevard, Interstate 65 and Interstate 24.
Very close to Old Hickory Lake’s Dam, Tailwater Access Area and Rockland Recreation Area.
Near Riverside Golf Course and several parks including Madison Park and Cedar Hill Park.

Property Facts

Price	£359,927	Building Class	C
Price Per Unit	£59,988	Lot Size	0.48 AC
Sale Type	Investment	Building Size	1,850 SF
Sale Conditions	1031 Exchange Portfolio Sale Development Sale	Average Occupancy	100%
No. Units	6	Number of Floors	1
Property Type	Residential	Year Built/Renovated	1950/2016
Property Subtype	Apartment	Parking Ratio	9.73/1,000 SF
Apartment Style	Low Rise

Price	£359,927
Price Per Unit	£59,988
Sale Type	Investment
Sale Conditions	1031 Exchange Portfolio Sale Development Sale
No. Units	6
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.48 AC
Building Size	1,850 SF
Average Occupancy	100%
Number of Floors	1
Year Built/Renovated	1950/2016
Parking Ratio	9.73/1,000 SF

Unit Mix Information

Description	No. Units	Avg. Rent.Mo	SF
1+1	6	-	-

PROPERTY TAXES

Parcel Number	044-05-0-215	Improvements Assessment	£103,302
Land Assessment	£26,194	Total Assessment	£129,495

PROPERTY TAXES

Parcel Number

044-05-0-215

Land Assessment

£26,194

Improvements Assessment

£103,302

Total Assessment

£129,495

zoning

Zoning Code	CS
CS

Listing ID: 12086112
Date on Market: 29/03/2018
Last Updated:
Address: 207 Bridgeway Ave, Old Hickory, TN 37138

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207 Bridgeway Ave, Old Hickory, TN for sale Aerial- Image 1 of 6 — Aerial from Bridgeway Avenue

207 Bridgeway Ave, Old Hickory, TN for sale Building Photo- Image 2 of 6 — 6-Unit Apartment Building

207 Bridgeway Ave, Old Hickory, TN for sale Building Photo- Image 3 of 6 — Vacant Commercial/Retail Building

207 Bridgeway Ave, Old Hickory, TN for sale Building Photo- Image 4 of 6 — Vacant Commercial/Retail Building

207 Bridgeway Ave, Old Hickory, TN for sale Plat Map- Image 5 of 6 — Boundary Map

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