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Listed by William Eilf • Keller Williams Cleveland
$ 3,250,000
Est. payment /mo
Active
3730 Keri Lane #NE Cleveland, TN 37312
22,320 SqFt
UPDATED:
10/18/2024 01:15 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 22,320 sqft
Price per Sqft $145
Subdivision Grant Havens Condominiums
MLS Listing ID 2704386
HOA Y/N No
Year Built 1978
Annual Tax Amount $33,600
Lot Dimensions 87120 sf
Property Description
Introducing a prime investment opportunity in Northeast Cleveland, Tennessee: 24 two-bedroom condo apartments in a well-regarded residential area. This community benefits from its proximity to major employers like Whirlpool, Eaton Corp, Hardwick, and M&M Mars, contributing to Cleveland's ranking as the 5th Best Place in the U.S. for manufacturing careers. With new management at Grant Havens Condominiums, the property has been successfully stabilized, featuring numerous renovations and increased rental rates. This presents significant upside potential for investors, with the option to purchase the entire portfolio or select units.
Location
State TN
County Bradley County
Zoning Multifamil
Interior
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Vinyl
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Shingle
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Mayfield Elementary
Middle Schools Cleveland Middle
High Schools Cleveland High
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