BOONE STRAWBERRY PLAINS, TN 37871

Features

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Facts

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Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

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/ partners Whitney Nicely East- Principal Broker 865 Investors, LLC formerly Whitney Buys Houses, LLC Office- 865-309-4500 Cell- 865-309-5700 Email- info@whitneynicely.com