1814 Salem Rd, Cookeville, TN 38506

$9,200,000
  • 1814 Salem Rd, Cookeville, TN 38506 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET40,250 MLS#1357412
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Presenting HomeBridge Apartments, a 112-unit property located in Cookeville, Tennessee. Originally built in 1973, the property consists entirely of studio units and was fully renovated in 2023. In addition to the existing units, there is potential to add several more by converting existing storage rooms, maintenance areas, and former office space that was previously configured as guest rooms. The average monthly rent per unit is $1,100. Conveniently located near Tennessee Tech University, Cookeville Regional Medical Center, and major employers, the property provides easy access to the area's primary employment centers, shopping, dining, and Interstate 40.

1814 Salem Rd | MLS# 1357412

This multi-family property located at 1814 Salem Rd, Cookeville, TN 38506 is currently listed for sale with an asking price of $9,200,000. Search Cookeville real estate on hillary.fergusonrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Cooling
Fuel Type: Gas
Heating: Central, Natural Gas
Lot Size: 2.08 Acres
Year Built: 1973

Amenities

Balcony

Feature Descriptions

Appliances: Microwave, Refrigerator, Other
Days on Site: 1
Exterior: Brick
Flooring: Vinyl
Lot Dimensions: n/a
Parcel #: 066 112.06
Parking: On Premise Parking
SQFT Total: 40250

Local Schools

High School: Cookeville
Middle School: Prescott South
Elementary School: Prescott South

Listed By / Shown By

Listed By

Agency Name: PWA Properties

Shown By

Agent Name: Hillary Quilliams
Agent Phone: (865) 603-0057 Cell
Agency Title: Ferguson Realtors

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Estimated Payment

$ 49,203.54 per month $46,520.21 Principal & Interest $0.00 Property Tax (data not provided by mls) $2,683.33 Homeowner's Insurance

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