542 ASHE AVE
NEW JOHNSONVILLE, TN 37134
$1,895,000
0 Beds
0 Baths
18,720 Sq Ft
Status Active
MLS# 2592966
Welcome to your next lucrative investment venture in the heart of New Johnsonville! This 24-unit apartment complex offers you the perfect opportunity to grow your real estate portfolio and maximize your returns. With spacious two-bedroom, one-bath units and proximity to the area's largest employers, this is a promising value-add property with a built-in revenue potential. Select units have been tastefully updated with new vinyl floors, fresh paint, and modern appliances, providing an attractive incentive for prospective tenants and rent increases. With a combination of updated units and rent increases in progress, this property offers substantial income growth potential. Additionally, the location's strong demand for housing, thanks to the proximity to major employers, makes it an ideal investment for long-term financial security. The included property management company is well-versed in the intricacies of the complex, enabling a smooth transition for the new owner. Don't miss out!
Details for 542 ASHE AVE
Built in 1969
$101 / Sq Ft
0 parking spaces
Wall/Window Unit(s)
Baseboard, Electric, Other
199 Days on website