Columbia, TN 38401,1514 Richmond Rd
Columbia, TN 38401,1514 Richmond Rd
Columbia, TN 38401,1514 Richmond Rd
Columbia, TN 38401,1514 Richmond Rd
Columbia, TN 38401,1514 Richmond Rd
Columbia, TN 38401,1514 Richmond Rd
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Listed by Robert (Lee) Walker • Crye-Leike, Inc., REALTORS

$4,900,000

$4,900,000

Est.Price: ?

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Est. payment /mo

28,000 SqFt


SOLD DATE : 06/26/2024

Key Details

Sold Price $4,900,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 28,000 sqft

Price per Sqft $175

Subdivision Carter S Station Sec 1

MLS Listing ID 2671859

Sold Date 06/26/24

HOA Y/N No

Year Built 1990

Annual Tax Amount $24,949

Property Description

Investment deal presents solid cap rate with growing market need. 15 duplexes (30 units) 100% occupied within 5 minutes of GM plant and new Ultium Cell Plant. 5 minutes to Target in Spring Hill, 10 minutes to downtown Columbia, 45 minutes to Nashville. Spring Hill High School within walking distance. Strong investment with definite value add opportunity. In 2023/2024 five new roofs installed, three new sets of windows installed. 22/23 four new HVAC installed. Each unit has their own washer/dryer connections, range, dishwasher, deck, private entry, and separate meters. Tenants pay for their own utilities, lawn maintenance, and provide their own refrigerator, washer and dryer. Spacious parking with private driveway to each unit. Each duplex on septic system. Excellent location with easy access to Saturn Parkway & I-65, shopping, restaurants, and schools. ***DO NOT DISTURB TENANTS*** Direct all questions to listing agents.

Location

State TN

County Maury County

Zoning Rural Resi

Interior

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Carpet, Tile, Vinyl

Fireplace N

Exterior

Utilities Available Electricity Available, Water Available

Waterfront false

View Y/N false

Roof Type Asphalt

Private Pool false

Building

Story 1

Sewer Septic Tank

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Spring Hill Elementary

Middle Schools Spring Hill Middle School

High Schools Spring Hill High School

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