865-314-7653
Real Estate Company
VALUE ADD OPPORTUNITY - 17 UNITS - 8.3 CAP RATE - $1.2 MILLION - MORRISTOWN TN Buffalo Trail Apts are well located on a 2 acre corner lot offering plenty of on-site parking and great road signage with a traffic count of nearly 10,000 cars per day. Additionally, all units are separately metered for water and electric with tenants paying all charges. Buffalo Trail is conveniently located just steps from Walmart, local shops, popular restaurants, Cherokee Lake, US-11E, and I-81. The property offers additional upside potential through interior upgrades and the opportunity to increase rents. With a manageable 17-unit size, established local demand, and opportunities to improve rents, Buffalo Trail Apartments presents an attractive value-add investment in East Tennessee. All showings by appointment only.
Listing courtesy of Goldman Partners Realty, LLC.
Agent: Solange Velas |
Office: Goldman Partners Realty, LLC |
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