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808 Carolina Drive
Greeneville, TN 37743
Asking Price
$9.00M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 83 Units | $108,434/unit <ul><li>83 Units Across Six Buildings — 51 one-bedroom / 32 two-bedroom units located at 102 Diane Lane, 808 Carolina Drive, 822 Carolina Drive (2 buildings), and 112 Becky Drive (2 buildings) in a proven workforce housing configuration.</li><li>Major Capital Improvements Completed — Updated parking lots, new/replaced roofs, refreshed siding, plus extensive interior remodeling deliver modern finishes, improved systems, and strong curb appeal with limited near-term capital needs.</li><li>Conve
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NOI
$80,000
Cap Rate
0.89%
DSCR
0.15
Underwater
Cash-on-Cash
-16.83%
Monthly Payment
$44,527.089
Annual Cash Flow
$-454,325.073