217 4th St, Monteagle, TN 37356

Commercial property for lease

• Description
• ATTENTION INVESTORS - RARE OPPORTUNITY - 24 unit apartment complex located in the town of Monteagle (formerly government subsidized - will transfer WITHOUT the rent restrictions) 8 - 1BR 1BA 685 sq ft units, 16 - 2BR 1BA 977 sq ft units. 3 apartment buildings with On-site management office, playground and 40+ paved parking spots. Current rents are at restricted rates and new owner will have opportunity for higher cap rates due to lifted restrictions at sale. Building price details: $799,000.
• Exterior Features

• Parking Type:

  Surface

• Contact info
• Pamela D Brown

  Century 21 Professional Group
• Note

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