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615 / 855 Brown Avenue NW

Cleveland, TN 37311
  • $7,500,000
  • STATUS: Active
  • ON SITE: 116 Days
  • MLS #: 20242487
UPDATED: 194 min ago
$7,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 64
    BATHS
  • 32
    1/2 BATHS
  • 46,848
    SQFT
  • $160
    $/SQFT
Type:
Multi-Family
Built:
1996
County:

School Information

Elementary School:
Middle School:
High School:

Description

Rare find with great income potential, stabilized and value add makes these 56 units in 8 buildings comprised of 24 one-bedroom, 24 two-bedroom and 8 three-bedroom apartments located in Cleveland, Tennessee. Close to key amenities including shopping and restaurants. Located near Lee University, this building will attract tenants looking for a vibrant downtown lifestyle. The property offers low maintenance landscaping, as well as 32 new decks overlooking the City of Cleveland Greenway.

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© 2024 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Property Group of Keller Williams. Data last updated: 2024-10-04T23:47:56.667.
www.sellschatt.com/homes/151501377
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615 / 855 Brown Avenue NW Cleveland, TN 37311

  • Price: $7,500,000
  • Status: Active
  • On Site: 116 Days
  • Updated: 194 min ago
  • MLS #: 20242487
0
Beds
64
Baths
32
½ Baths
N/A
Acres
46,848
SQFT
$160
$/SQFT
1996
Built
County:
Bradley
Elementary School:
Arnold
Middle School:
Cleveland
High School:
Cleveland
Property Description
Rare find with great income potential, stabilized and value add makes these 56 units in 8 buildings comprised of 24 one-bedroom, 24 two-bedroom and 8 three-bedroom apartments located in Cleveland, Tennessee. Close to key amenities including shopping and restaurants. Located near Lee University, this building will attract tenants looking for a vibrant downtown lifestyle. The property offers low maintenance landscaping, as well as 32 new decks overlooking the City of Cleveland Greenway.
Exterior Features

Architectural Style Contemporary Attached Garage YN No Carport Spaces 0 Carport YN No Construction Materials Vinyl Siding Exterior Features Rain Gutters Fencing None Foundation Details Slab Garage YN No Levels Three Or More Lot Features Cleared Parking Features Paved Patio And Porch Features DeckPatio Road Frontage Type City Street Roof Shingle View [] Waterfront Features [] Waterfront YN No

Interior Features

Appliances Electric RangeRefrigerator Basement None Below Grade Finished Area 15616 Cooling Central Air Cooling YN Yes Fireplace Features [] Flooring CarpetLaminateVinyl Heating CentralElectric Heating YN Yes Interior Features See Remarks Window Features []

Property Features

Accessible YN No Association YN No Community Features None Current Use [] Horse YN No Listing Terms CashConventional New Construction YN No Other Equipment [] Pool Features [] Property Condition Functional Property Sub Type Mixed Use Road Responsibility Public Maintained Road Security Features Smoke Detector(s) Sewer Public Sewer Spa Features [] Special Listing Conditions Standard Structure Type Multi Family Subdivision YN No Tax Annual Amount 35843 Tenant Pays See RemarksWaterElectricitySewer Utilities Water ConnectedSewer ConnectedPhone AvailableCable AvailableElectricity Connected Water Source Public Within City Limits YN Yes

Listing provided courtesy of William Eilf of KW Cleveland: 423-303-1200.


© 2024 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Property Group of Keller Williams. Data last updated: 2024-10-04T23:47:56.667.
 
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The Property Group of Keller Williams
1830 Washington St
Chattanooga TN, 37408