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Listed price in listed location currency (USD).
$3,500,000

000

MLS® 242556

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 25980 sqft
Garage No
HOA Fees 
Taxes $7,317
Days Active 0
Approx. Age 1993
Avg. Price Per Sqft $134
MLS® Number 242556

Property Address: 340 Briar Ave, Jamestown, TN, 38556

Average square foot calculated using Size range provided by listing agent.

Description

Tremendous capital-producing investment with upside! Offering a 43 unit apartment complex in Jamestown, TN with a strong cap rate around 8%. These units have an impressive high occupancy history and potential to increase cash flow (the only units not currently occupied are the ones undergoing a remodel). Current owners have updated approximately 25% of the units (in transition time between tenants), and they continue to improve this asset as we go to market. Turn-key operation with immediate cash flow. This real estate will appreciate in value as you profit from the cash flow that results from the impressive cap rate.
MLS® Number242556
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1993
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 4, 2026List Date
$3,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
340 Briar Ave, Jamestown, TN

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