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$5,000,000
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28U DRAKE

Ripley, TN 38063

Lauderdale County

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MLS# 10220264
Active
13 Days on Market
Townhouse Units
1979
Built
Huge investment portfolio consisting of 61 rentable units in Ripley: 36 townhomes consisting of 2 bedrooms & 1.5 baths. 16 apartments consisting of 2 bedrooms, 1 bath each. 9 single family houses consisting of 3 bedrooms & 2 baths. All have termite contracts in place and monthly maintenance sprays. Townhomes have newer roofs & HVAC units @ 2 years old. All are well maintained by owner. There are 5 townhomes on the rear of the Jefferson St property that are vacant and in need of full renovations, no value is attributed to these units. More information available for serious, qualified or cash investors.

Features

Exterior & Lot

Foundation Slab, Conventional/Crawl Space, Storage Area
Lot Dimensions TBD

Financial

Annual Rent 400000
Annual City Tax $20,990
Annual County Tax $20,980

Neighborhood

Directions Properties are located on: Drake St, Fitzhugh, Jefferson St, Durhamville Rd, Ross Rd
Contact Agent
Tamara Harrald
Tamara Harrald
Realtor
Epique Realty

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