DESCRIPTION
18 unit apartment complex with 4,000 total square feet. The commercial office building has a 8.7% CAP RATE. Gross Income: $146,000 - Operating Expense $29,515 = Net Income $116,885. Long term lease on office building. Great cash flow on low maintenance, well kept properties in strong traffic location.
Directions: From Nashville take I-24 North towards Clarksville and exit #35 (US-431) towards Springfield. Travel 12.9 miles to intersection of 431 & Highway 41 (Memorial Boulevard), turn right, property on left about 600 feet ahead.
