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665 N College Street, Trenton, TN 38382
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$2,500,000
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Home Details for 665 N College Street
Price
$2,500,000
Type
Commercial/Industrial
Year Build
1970
Sq. Ft.
28404
Lot Size
4.57
County
Gibson
Tax
$9,519.22
MLS®️ Listing#
246186
On exitrealty.com
133 days
Property Description
Cash-flowing 38 unit apartment complex with 16 completely renovated units and monthly rent over $24,000 per month. Conveniently located in the growing city of Trenton, West Tennessee. 19 2 bed/2 bath apartments; the other 19 are 1 bed/1 bath. Units are spread across 6 separate buildings with slab foundations on 4.57 acre property which includes extra land with building potential and a hotel office that could be renovated to be an office or more apartments! 12 units (Ten 1 bed/1 bath; two 2 bed/2 bath) still need renovating and will create at least $10,000 of additional cash flow. Utilities are owner’s responsibility on 11 units. Almost all of the apartments have wall units for heat and air.
Approximately 85 total parking spots. The C building has all new plumbing. All new windows in building D. Building F has all new windows as well as new soffits and fascia.
Right on the corner of 45 W for an easy commute to growing industry throughout West Tennessee. 50 miles to Blue Oval City and only 30 miles to Jackson, Tn. Rent roll and expenses available upon request. Do not disturb tenants. Don’t miss this incredible investing opportunity!
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Listing Courtesy: Town and Country - 731-668-7000. Presented by: Ginger Williams
The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Central West Tennessee Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 Central West Tennessee Association of REALTORS®. All Rights Reserved.
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