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58 Units • 2bd 1ba 700sqft each
58 Units • 2bd 1ba 700sqft each
Asking Price • $2,300,000
Asking Price • $2,300,000
Cap Rate • 10.6%
Cap Rate • 10.6%
The Beverly Springs Apartments have been newly landscaped, including Zoysia sod and privacy fence. Each of the 2 bedroom/1 bath units has been fully renovated.
The unit renovations include:
- Luxury vinyl plank flooring
- New hot water tanks
- Fully equipped kitchens with new counter-tops, and dishwashers
- 2 Iron security doors
- New light fixtures
- Washer/dryer
The complex is located conveniently minutes from Downtown, close to Millington, TN, near I-240, and it is on a public transportation line. It's also close to several schools.
- Coleman Elementary School
- Craigmont High School
- Craigmont Middle School
- Upon completion of this massive renovation we plan to be 95.5% occupied. Target date is 8/15/17
Beverly Springs Apartments are nestled in a residential neighborhood in Raleigh, near the Bartlett city limits. It is close to great shopping, schools, restaurants and public transportation.
Contact : Sean Tagge at (901) 500-7517 • Sean@jameswachob.com • MemphisInvestmentproperties.net
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