Randy Rinks
BEDS0
BATHS
SQUARE FEET6,000
MLS#3255670
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
MRG is pleased to present this multifamily apartment complex in Fayetteville, Tennessee.This 7-unit apartment building offers investors the opportunity to acquire a cash-flowing multifamily asset with significant value-add potential in Fayetteville. The property is currently generating stable rental income while providing a clear path to increased revenue through continued unit renovations and strategic rent growthInvestment highlights10% mark to market play with unit renovations completedRoom to increase income by up to 40% with RUBs and laundry incomeValue-add opportunity with continued unit renovations and future rent growth potential.Three units recently renovated, improving property appeal and increasing rental upside.Strong workforce housing demand near Huntsville's growing employment base, supporting stable occupancy and long-term investment potential.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Central
Lot Size: 92 X 89
Stories: 2.0
Taxes: $1,932
Year Built: 1930
Feature Descriptions
Days on Site: 3
Exterior: Brick
Flooring: Laminate
Lot Dimensions: 92 X 89
Parcel#: 079E A 00700 000
Sewer: Public Sewer
Units: 7
Utilities: Water Available
Water: Public
Local Schools
High School: Fayetteville High School
Middle School: Blanche School
Elementary School: Blanche School
Listed By / Shown By
Listed By
Agency Name: MRG Realty Partners
Agency Phone: 6519004386
Shown By
Agent Name: Randy Rinks
Agent Phone: (731) 926-5058
Agency Title: Crye-Leike Real Estate Services
Source: Nashville MLS
Estimate Your Payment
Estimated Payment
$ 161.00 per month $0.00 Principal & Interest $161.00 Property Tax $0.00 Homeowner's InsuranceChange Payment Information
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206 Edison St W | MLS# 3255670
This multi-family property located at 206 Edison St W, Fayetteville, TN 37334 is currently listed for sale with an asking price of call for price. Search Fayetteville real estate on randyrinks.crye-leike.com today.