305 Boone Street Strawberry Plains, TN $ 925,000
305 Boone Street
$ 925,000
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305 Boone Street

Strawberry Plains, TN, 37871
$ 925,000
Baths0.0

Monthly Estimate*

$ 6,461

305 Boone Street, Strawberry Plains, TN 37871 - Image 1
Studio

Commercial Property for sale in Strawberry Plains, TN

for $925,000. This building was built in 1971 on a lot size of 0.45.

Imagine buying a small apartment complex 20 minutes from Knoxville where it will immediately bring in money from 4 of the 5 units.That's what we are offering in Strawberry Plains!!! Ready to buy your first apartment complex? Then we have a great deal for you! Boone Street, LLC is for SALE! We're selling the whole business with the real estate attached. What does that mean exactly? We're selling 9 years of tax returns, services, leases, bank records, and the PROPERTY! This is a great strategy for new investors looking for an established business. You can jump-start your portfolio by taking on our experiences over the last 9 years of owning and operating this complex. And wait- there's more! We are willing to OWNER FINANCE to a qualified Buyer. 25% down, 30-year amortization with a 5 year balloon depending on credit score and past real estate experience. 9% interest for qualifying Buyers. OR MAKE US A BETTER OFFER! Feel free to drive by Boone Street Apartments in Strawberry Plains. Please do not disturb the tenants. Rent rolls, pro forma numbers, leases, maintenance records, taxes, EVERYTHING can and will be provided after LOI or Purchase and Sale Agreement. 4,582 sq ft of the BUILDING taken from the tax records. 20,623 sq ft of PROPERTY taken from the tax records. Buyer to verify square footage.Water is paid for by the owner. Other utilities in tenants' name(s). Send us your offers ASAP! 305 Boone Street Strawberry Plains TN 5 units: 4 occupied Owner/ Agent representing herself

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Commercial Active

Price

$ 925,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,226

Style

Multi Family

Lot Size

0.45

Year Built

1971

Town/City

Strawberry Plains

County/Region

Jefferson

MLS | Web ID

703258

Features
General
Heating Electric Other
Cooling Electric Other
Utilities Cable Available Electricity Connected
County Jefferson
Business Type Real Estate Rental
Property Type D
Tax Year 2022
Occupant Type Tenant
Status Active
Auction Y/N No
Construction Materials Brick
Sub Type Multi Family
Year Built 1971
Directions Follow US-11W N/Rutledge Pike to Mine Rd6 min (5.8 mi)i--Take Mascot Rd to US-11E N in Strawberry Plains7 min (4.8 mi)Turn left onto US-11E Ni4 min (2.7 mi)Turn left onto Boone St
City Strawberry Plains
Street Name Boone
Coming Soon Imagine buying a small apartment complex 20 minutes from Knoxville where it will immediately bring in money from 4 of the 5 units.That's what we are offering in Strawberry Plains!!! Ready to buy your
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Exterior
Fencing None
Parking Features Gravel On Site
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Interior
Total Units 5
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* Excluded Features
List By
865 Investors, Llc

Broker

info@whitneynicely.com

Email

Affordability Calculator

$6,564
Per Month
98%
2%
0%
Monthly Principal & Interest
$6,461
Monthly Property Taxes
$102
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2484365 Elementary School
2484217 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2024$925,000 -2.63% Price Down
5/3/2024$950,000 -5.00% Price Down
4/12/2024$1,000,000 Listed Price

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305 Boone Street, Strawberry Plains, TN, 37871 is a Commercial Property for sale at $925,000 with a lot size of 0.45. 305 Boone Street is a studio with 0.0 baths and was built in 1971. The property's zip code is 37871 which is in Strawberry Plains, TN