Sandy Wade McConnell
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28u Drake St, Ripley, TN 38063

$5,000,000
  • 28u Drake St, Ripley, TN 38063 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#10220264
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNA NEIGHBORHOODLauderdale County

Property Description

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.

28u Drake St | MLS# 10220264

This multi-family property located at 28u Drake St, Ripley, TN 38063 is currently listed for sale with an asking price of $5,000,000. Search Lauderdale County real estate on sandywade.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central
Heating: Central, Electrical
Roof Type: Composition
Year Built: 1979

Feature Descriptions

Floors/ Ceilings: Tile, Partial Carpet, Wood Laminate Floors, Dry Wall, Paneled,8 Feet
Units: 61

Listed By / Shown By

Listed By

Agency Name: Unique Properties

Shown By

Agent Name: Sandy Wade McConnell
Agent Phone: (901) 336-6247
Agency Title: Crye-Leike Real Estate Services

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Source: MAAR MLS

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Estimated Payment

$ 12,586.17 per month $11,127.83 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,458.33 Homeowner's Insurance

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