$7,392,000

0 Kitty Meyer Ln Loretto, TN 38469

Estimated payment $39,064/month

Total Views 5,559
4 Beds
-- Bath
1,152 Sq Ft
$6,417 Price per Sq Ft

Highlights

  • No HOA
  • Vinyl Flooring
  • Property has 1 Level
  • Central Heating and Cooling System

About This Home

Introducing a rare opportunity to own a newly constructed 44-unit apartment complex in the growing community of Loretto, TN. This beautifully designed, single-level development offers a modern, low-maintenance layout with strong tenant appeal and long-term investment potential.

Each unit features stylish, open-concept living with high-quality finishes, energy-efficient appliances, and private entrances—all thoughtfully crafted for comfortable, convenient living. The single-story design provides ease of access and reduces maintenance costs over time.

A short drive from Lawrenceburg, TN and Florence, AL, this complex offers residents quiet living with proximity to local employers, schools, and retail. With high rental demand and limited new construction in the area, this property is perfectly positioned for strong cash flow and long-term value growth.

Listing Agent

Chelsea Dawson

Trace Realty Group, LLC License #379945 Listed on: 07/21/2025

Co-Listing Agent

Blake Lay

Trace Realty Group, LLC License #232210

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,167

Year Built

  • Built in 2023

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 4 Bedrooms
  • 1,152 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring
  • Washer and Electric Dryer Hookup

Schools

  • South Lawrence Elementary
  • Loretto High School

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association
  • 44 Units
  • Crockett Flats II Subdivision

Building Details

  • Operating Expense $3,143
  • Gross Income $27,400
  • Net Operating Income $24,257

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,167

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2023
  • Inclusions: Negotiable
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Multi Family
  • Year Built Details: New
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Total Bedrooms: 4
  • Above Grade Finished Sq Ft: 1152
  • Building Area Units: Square Feet
  • Living Area: 1152
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: N/A
  • Lot Size Units: Acres
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: Other
  • HOA Rent Includes: Other
  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 27400
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 24257
  • Number Of Units Total: 44
  • Annual Operating Expense: 3143
  • Total Actual Rent: 2200

Tax Info

  • Tax Annual Amount: 2167

MLS Schools

  • Elementary School: South Lawrence Elementary
  • High School: Loretto High School
  • Middle Or Junior School: South Lawrence Elementary

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2025 07/21/25 For Sale $7,392,000 -- $6,417 / Sq Ft
Source: Realtracs

Source: Realtracs

MLS Number: 2944735

Realtracs