For Sale

Listed by Jessica Stanfield

Source: Middle Tennessee Regional MLS #3059099

587 Baker Road, Martin, TN, 38237

$4,150,000

870 sq. ft.

MultiFam

30+ days on the market

What's around 587 Baker Road

About this property

**Income-Producing Property:** This 36-unit apartment complex is situated in the heart of Martin, TN, just 1.2 miles from the University of Tennessee at Martin. This property presents an excellent opportunity to enhance your rental portfolio. Martin is a vibrant university town with various amenities that attract residents to the area. All units are 2-bedroom, 1-bathroom units that feature washer and dryer hookups. Some of the improvements made over the last 12 months include a new roof on buildings A, D, E, H, and J, as well as renovations to 16 units. Additionally, the back deck has been replaced for all 36 units. The current property manager is local and is willing to continue managing the property, facilitating a smooth transition for the new owner.

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