TN > Dickson > Norris Allen
Dickson, TN 37055,100 Sherry Ln
Dickson, TN 37055,100 Sherry Ln
Dickson, TN 37055,100 Sherry Ln
Dickson, TN 37055,100 Sherry Ln
Dickson, TN 37055,100 Sherry Ln
Dickson, TN 37055,100 Sherry Ln
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Danielle Sloan

Danielle Sloan

+1(615) 828-5295
Listed by Sean Kelly • SUBURBAN COWBOYS LLC
$ 999,999
Est. payment | /mo

6,848 SqFt

Save
$ 999,999
Est. payment | /mo
Save

6,848 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,848 sqft

Price per Sqft $146

Subdivision Norris Allen

MLS Listing ID 2942691

HOA Y/N No

Year Built 1979

Annual Tax Amount $6,719

Lot Dimensions 2.5

Property Description

Introducing the Sherry Lane Apartments, a prime investment opportunity featuring two well-maintained quadraplexes in the highly sought-after city of Dickson, TN. Selling at a 7.5% cap rate with room to improve! All units are occupied and a handful are rented under market so there is room for value add and revenue increase! This offering presents a rare value-add opportunity for investors, strategically located within the thriving Nashville MSA. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser's offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. At no point should tenants or staff be contacted regarding the sale of the Sherry Lane apartments.

Location

State TN

County Dickson County

Zoning R3

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Vinyl

Fireplace N

Exterior

Utilities Available Water Available

View Y/N false

Roof Type Shingle

Private Pool false

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Brick,Vinyl Siding

New Construction false

Schools

Elementary Schools Oakmont Elementary

Middle Schools Burns Middle School

High Schools Dickson County High School

Others

Special Listing Condition Owner Agent, Standard

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100 Sherry Ln