1814 Salem Rd, Cookeville, TN 38506
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1814 Salem Rd, Cookeville, TN 38506
1814 Salem Rd, Cookeville, TN 38506
1814 Salem Rd, Cookeville, TN 38506
1814 Salem Rd, Cookeville, TN 38506
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$ 9,200,000
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1814 Salem Rd Cookeville, TN 38506

40,250 SqFt


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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 40,250 sqft

Price per Sqft $228

MLS Listing ID 1357412

Year Built 1973

Lot Size 2.080 Acres

Acres 2.08

Source East Tennessee REALTORS® MLS

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.

Location

State TN

County Putnam County - 53

Area 90604.0

Rooms

Other Rooms Other, Office

Interior

Heating Central, Natural Gas

Cooling Central Cooling

Flooring Vinyl

Appliance Microwave, Refrigerator, Other

Heat Source Central, Natural Gas

Exterior

Exterior Feature Balcony

Parking Features On Premise Parking

Garage Description On Premise Parking

Roof Type Composition

Garage No

Building

Faces From I-40W take exit 288 toward Sparta. Turn left onto Hwy 111 S (TN-111 S) toward Sparta/Upper Cumnerland Regional Airport. Go for 0.4mi then turn left toward Southside Dr. Turn left onto Salem Road. Arrive at property.

Structure Type Brick

Schools

Elementary Schools Prescott South

Middle Schools Prescott South

High Schools Cookeville

Others

Tax ID 066 112.06

Energy Description Gas(Natural)

Acceptable Financing New Loan, Cash, Conventional

Listing Terms New Loan, Cash, Conventional


Listed by PWA Properties
Lily Dailey

Lily Dailey

Agent License ID: 379779

+1(865) 257-4680

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1814 Salem Rd