Multifamily
Gracey Court & The Phoenix
611 Madison St, Clarksville, TN 37040
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale this property in Clarksville, TN. This offering will allow a potential investor to purchase a rare class-A trophy asset in downtown Clarksville, TN. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE O F THE GRACEY COURT AND THE PHOENIX APARTMENTS.
Gracey Court & The Phoenix
Investment Highlights
- Opportunity for new investor to assume current debt in place. Principle Amount: $2,068,000 30-Year Amortization 8.4 Year-Term 4.26% Interest Rate 14 additional months of interest only payments
- Loft style apartments with vaulted ceilings and stainless steel appliances
- Opportunity to furnish one bedroom units to leases for $1,500-$1,700
- PEX piping and Romex wiring
- Individually metered for electric
Exclusively Listed By
Financing By
Investment Highlights
- Opportunity for new investor to assume current debt in place. Principle Amount: $2,068,000 30-Year Amortization 8.4 Year-Term 4.26% Interest Rate 14 additional months of interest only payments
- Loft style apartments with vaulted ceilings and stainless steel appliances
- Opportunity to furnish one bedroom units to leases for $1,500-$1,700
- PEX piping and Romex wiring
- Individually metered for electric
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale this property in Clarksville, TN. This offering will allow a potential investor to purchase a rare class-A trophy asset in downtown Clarksville, TN. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE O F THE GRACEY COURT AND THE PHOENIX APARTMENTS.
Exclusively Listed By
Financing By
