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206 Edison St W

Fayetteville TN 37334

6000 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

MRG is pleased to present this multifamily apartment complex in Fayetteville, Tennessee. This 7-unit apartment building offers investors the opportunity to acquire a cash-flowing multifamily asset with significant value-add potential in Fayetteville. The property is currently generating stable rental income while providing a clear path to increased revenue through continued unit renovations and strategic rent growth Investment highlights 10% mark to market play with unit renovations completed Room to increase income by up to 40% with RUBs and laundry income Value-add opportunity with continued unit renovations and future rent growth potential. Three units recently renovated, improving property appeal and increasing rental upside. Strong workforce housing demand near Huntsville's growing employment base, supporting stable occupancy and long-term investment potential.

Features

6000 sq. ft. floor area
Multi-Family

Property history for 206 Edison St W

2024
Sold
$300,000
09 Dec 2024 by Kaila Gentry, of BMA Properties
2017
Sold
$81,000
27 Jan 2017 by James Cashion, of BMA Properties

Happy sellers in Fayetteville

~%

We have insufficient information to provide an overview of customer satisfaction for Fayetteville. Viewing the agent profiles, reviews and sales for Fayetteville can provide insights for this location.

Local market activity for multi families in Fayetteville

In the last 12 months, 1 multi family similar to 206 Edison St W, have been sold.

This represents a 50% increase in multi families sales when compared to the previous 12 months.

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(619) 566-0008
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