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Multifamily

The Metro

319 W Lokey Ave, Murfreesboro, TN 37130

Listing Price: Request For Offer

Number of Units
32
Gross SF
23,200

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Murfreesboro, TN. This offering will allow a potential investor to purchase a rare value-add opportunity. 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 an assumption to the debt 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 OF THE METRO APARTMENTS.

Investment Highlights

  • Individually metered for water and electric
  • Roof completed in 2010, transferrable warranty until 2030
  • 20 out of 32 units renovated

Exclusively Listed By

Listing Price: Request For Offer

Number of Units
32
Gross SF
23,200

Investment Highlights

  • Individually metered for water and electric
  • Roof completed in 2010, transferrable warranty until 2030
  • 20 out of 32 units renovated

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Murfreesboro, TN. This offering will allow a potential investor to purchase a rare value-add opportunity. 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 an assumption to the debt 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 OF THE METRO APARTMENTS.

Exclusively Listed By

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