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The Landings at Red Rock 407 N College St Immeuble residentiel 40 lots À vendre Tullahoma, TN 37388
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- 40-unit multifamily community built in 1964, featuring a mix of one-bed and two-bed units
- All three roofs and all HVAC's were replaced in 2021
- On-site laundry facility offering added tenant convenience and supporting rent growth
- Current ownership has invested $327,500 in capital improvements since 2021
- Upgraded finishes and appliances in 38 of 40 units, with a majority of units featuring stainless-steel appliances
- Outdoor patio and grilling area enhancing tenant satisfaction and community appeal
Résumé analytique
Link to Deal Room and Financials: https://www.marcusmillichap.com/properties/198371/the-landings-at-red-rock
Marcus & Millichap has been selected to exclusively market for sale The Landings at Red Rock in Tullahoma, TN. This offering presents investors with a well-maintained, stabilized multifamily opportunity in a growing Middle Tennessee market characterized by strengthening fundamentals and sustained economic expansion.
The Landings at Red Rock is a well-maintained 40-unit community built in 1964 and significantly improved through $327,500 in recent capital upgrades, including full roof and HVAC replacements in 2021 and modernized interiors in 38 units. The property offers strong operational appeal with an on-site laundry facility, attractive outdoor amenities, individually metered electric, and RUBS already in place for water. Its Middle Tennessee location provides convenient access to both Nashville and Chattanooga while benefiting from Tullahoma’s ongoing economic development efforts driven by aerospace, advanced manufacturing, and innovation-oriented job growth.
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 Landings at Red Rock.
Marcus & Millichap has been selected to exclusively market for sale The Landings at Red Rock in Tullahoma, TN. This offering presents investors with a well-maintained, stabilized multifamily opportunity in a growing Middle Tennessee market characterized by strengthening fundamentals and sustained economic expansion.
The Landings at Red Rock is a well-maintained 40-unit community built in 1964 and significantly improved through $327,500 in recent capital upgrades, including full roof and HVAC replacements in 2021 and modernized interiors in 38 units. The property offers strong operational appeal with an on-site laundry facility, attractive outdoor amenities, individually metered electric, and RUBS already in place for water. Its Middle Tennessee location provides convenient access to both Nashville and Chattanooga while benefiting from Tullahoma’s ongoing economic development efforts driven by aerospace, advanced manufacturing, and innovation-oriented job growth.
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 Landings at Red Rock.
Informations sur l’immeuble
| Type de vente | Investissement | Surface du lot | 1,24 ha |
| Nb de lots | 40 | Surface de l’immeuble | 2 933 m² |
| Type de bien | Immeuble residentiel | Occupation moyenne | 95% |
| Sous-type de bien | Appartement | Nb d’étages | 2 |
| Style d’appartement | De faible hauteur | Année de construction | 1964 |
| Classe d’immeuble | C | Ratio de stationnement | 0,31/1 000 m² |
| Type de vente | Investissement |
| Nb de lots | 40 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 1,24 ha |
| Surface de l’immeuble | 2 933 m² |
| Occupation moyenne | 95% |
| Nb d’étages | 2 |
| Année de construction | 1964 |
| Ratio de stationnement | 0,31/1 000 m² |
Caractéristiques
Caractéristiques du lot
- Climatisation
- Balcon
- Chauffage
- Cuisine
- Réfrigérateur
- Four
- Cuisinière
- Baignoire/Douche
Caractéristiques du site
- Accès 24 h/24
- Laverie
- Aire de pique-nique
- CVC contrôlé par l’occupant
- Cabanon
- Grill
- Aire de jeu pour animaux de compagnie
- Détecteur de fumée
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 1+1 | 32 | - | 70 |
| 2+1 | 8 | - | 88 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Taxes foncières
| Numéro de parcelle | 124F-H-006.01 | Évaluation des aménagements | 729 850 € |
| Évaluation du terrain | 132 468 € | Évaluation totale | 862 318 € |
Taxes foncières
Numéro de parcelle
124F-H-006.01
Évaluation du terrain
132 468 €
Évaluation des aménagements
729 850 €
Évaluation totale
862 318 €
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Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
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Carte
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Présenté par
The Landings at Red Rock | 407 N College St
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