Oak Ridge - Bit Size Multifamily

221 West Fairview Road Oak Ridge, TN 37830

Oak Ridge
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,150,000
Last Verified:
Dec 30, 2024

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Highlights

  • Excellent location
  • Updated units
  • Solid rent history
  • Metal roofs
  • 1 and 2 bedroom units

Description

An opportunity to purchase a nearly 100% remodeled multifamily asset in the heart of Oak Ridge. 7 of the 8 units have been refreshed to include luxury vinyl flooring, fresh paint, modern lighting/fans, new appliances and updated kitchens and baths.

Located in the heart of Oak Ridge, this 8-unit multifamily property offers an investor the opportunity to own an asset in a growing, transient market.


Year Built: 1942
Building Size: 5960sq ft
Lot Size: 0.32 acres

Map of 221 West Fairview Road, Oak Ridge, TN, 37830

Presented by:
NAI Koella RM Moore

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Heidi Adams


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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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