Portfolio of Townhomes for SALE - Stratford Villages — Sale in Cleveland, TN

  • Price: $1.2M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Cleveland, TN 37312
  • Size: 6,400 SF
  • Year built: 1984

Photos

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Investment Figures

Cap rate
4.67%
Price per square foot
$180
Price per unit
$191,667 across 6 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

*Multi-Family Investment Package* SIX Units - Each Unit consists of 2 bedrooms, 1.5 bathrooms, approximately 1,090 square feet.​ Located in charming, and fast growing Cleveland, TN, less than 10 minutes from Lee University and walkable to Publix and the local mall, these units will have no problems maintaining occupancy.​ Current rental rates are below market value.​ The six units included in this portfolio have been well maintained, and have consistently remained leased.​ Building SF: 6400 | Year Built: 1984 | Listing Type: FOR SALE

Market Context

This multifamily in Cleveland, TN is listed for sale at $1,150,000 across 6,400 SF. It is offered at an approximate 4.7% capitalization rate, a key benchmark for income-producing multifamily assets. The building dates to 1984. Compare it against other multifamily listings for sale in Cleveland, TN — view the full market.

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