- Property Type: 5-Unit Multifamily Apartment Building
Seller Situation:
The seller, a retired landlord, had managed this property for years and decided it was time to cash in on her investments. While the units were rental-ready, they still required some repairs in the near future. She wanted a hassle-free, guaranteed sale and was referred to us by her nephew, whose house we had also purchased.Condition:
The units were functional and tenant-ready but needed maintenance and repairs over time.Sale Details:
We purchased the property as-is with an all-cash offer and closed the sale in 45 days. This allowed the seller to transition smoothly out of her landlord role with peace of mind.How We Helped:
- Provided a reliable, guaranteed cash purchase without requiring any repairs or additional investment from the seller.
- Helped the seller transition from managing her rentals with ease and confidence.
- Included her other property—a 4-unit building with an attached commercial space—in the sale, streamlining her exit from property ownership.
Location Highlights:
This property is situated on a large corner lot in a prime location in Cleveland, making it a valuable investment opportunity for us.Future Plans:
We plan to enhance the property’s value and continue making it a great rental option for the local community.
4955 Carnation Ave NW Cleveland, TN 37312 Sold
- 10 beds
- 5 baths
- 3538 sqft
Sold
- Address:
- 4955 Carnation Ave NW
Cleveland, Tennessee 37312 - Square Feet:
- 3538
- Lot Size:
- .45 Acres
- Bedrooms:
- 10
- Bathrooms:
- 5
- Terms:
- For Sale
- Property Type:
- Multi-family
- Year Built:
- 1988