1814 Salem Rd, Cookeville, TN 38506

$9,200,000
40,250
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$9,200,000
Status
ACTIVE
Days on Market
7
MLS#
1357412
Subtype
Residential Income
Year Built
1973
Living Area
40,250
Lot Size
90,604
Acres
2.08

Property Description

Presenting HomeBridge Apartments, a 112-unit property located in Cookeville, Tennessee. Originally built in 1973, the property consists entirely of studio units and was fully renovated in 2023. In addition to the existing units, there is potential to add several more by converting existing storage rooms, maintenance areas, and former office space that was previously configured as guest rooms. The average monthly rent per unit is $1,100. Conveniently located near Tennessee Tech University, Cookeville Regional Medical Center, and major employers, the property provides easy access to the area's primary employment centers, shopping, dining, and Interstate 40.

Additional Information

Exterior Features
Balcony
Appliances
Refrigerator, Microwave, Other
Heating
Central, Natural Gas
Air Conditioning
Central Air
Exterior Construction
Brick
Middle School
Prescott South
High School
Cookeville

Courtesy of PWA Properties

Agent: Kevin G. Tipton |

Office: PWA Properties |

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks