6966 Park Dr
Lyles, TN 37098
- – beds
- – baths
- 4,640 sqft
- $129 per sqft
- 1994 build
- – on site
This is an exceptional investment opportunity featuring 8 rental units across three separate properties, with significant value add potential. Two tenants vacated when learning of the sale, but the remaining tenants have been in place for years and have a strong payment history. Excellent opportunity to get tenants to market rates! The property offers a mix of unit types to appeal to a wide range of renters. There are two 2-bedroom, 1-bath duplex units, three studio-style efficiency apartments, each with 1 bath, and a house with two 2 bedroom, 1 bath downstairs units. All buildings separately metered! Recent updates include a new septic pump installed in 2024 and HVAC servicing for the triplex completed in December 2024. This property offers a unique opportunity to capitalize on below-market rents and long-term tenants with a strong payment history, making it an ideal investment for those seeking stable cash flow and future growth potential.
Listing courtesy of REALTRACS / Keller Williams Realty Nashville/Franklin
Last checked:
Checking…
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Last updated Jan 22, 2025
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MLS# 2780457 —
The Building
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Year Built:1994
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Year Built Details:EXIST
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New Construction:false
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Construction Materials:Vinyl Siding
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Stories:1
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Levels:One
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Structure Type:Multi Family
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# of Units Total:8
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Building Area Units:Square Feet
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Building Area Total:4640
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Building Area Source:Assessor
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Above Grade Finished Area:4640
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished Area Source:Assessor
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Below Grade Finished Area Source:Assessor
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Below Grade Finished Area Units:Square Feet
Interior
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Flooring:Vinyl
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Fireplace:false
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Laundry Features:Individual, Electric Dryer Hookup
Room Dimensions
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Living Area:4640
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Living Area Units:Square Feet
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Living Area Source:Assessor
Location
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Directions:Get on I-65 S from Carothers Pkwy and Cool Springs Blvd Follow I-65 S and I-840 W to TN-100 W in Fairview. Take exit 7 from I-840 W Follow TN-100 W to Park Dr in Hickman County
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Latitude:35.9112693
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Longitude:-87.327519
The Property
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Parcel Number:041038 14200 00005038
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Property Type:Residential Income
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Lot Size Dimensions:114X200
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Lot Size Units:Acres
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Zoning:NA
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View:false
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Property Attached:true
Listing Agent
- Contact info:
- Agent phone:
- (615) 393-0018
- Office phone:
- (615) 778-1818
Taxes
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Tax Annual Amount:644
The Listing
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Map Coordinate:35.9112693000000000 -87.3275190000000000
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Water Available
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Sewer:Septic Tank
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Water Source:Public
Schools
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Elementary School:East Hickman Elementary
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Middle Or Junior School:East Hickman Middle School
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High School:East Hickman High School
The Community
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Subdivision Name:Milton Brooks
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Waterfront:false
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Pool Private:false
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
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1/21/25
Jan 21, 2025
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Listed / Active | REALTRACS | $600,000 |