100 Sherry Ln Dickson, TN 37055
Estimated payment $5,998/month
Highlights
- No HOA
- Central Heating
- Property has 1 Level
- Cooling Available
- Carpet
About This Home
Introducing the Sherry Lane Apartments, a prime investment opportunity featuring two well-maintained quadraplexes in the highly sought-after city of Dickson, TN. Selling at a 7.5% cap rate with room to improve! All units are occupied and a handful are rented under market so there is room for value add and revenue increase! This offering presents a rare value-add opportunity for investors, strategically located within the thriving Nashville MSA. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. At no point should tenants or staff be contacted regarding the sale of the Sherry Lane apartments.
Listing Agent
SUBURBAN COWBOYS LLC Brokerage Phone: 6154301236 License #335279 Listed on: 07/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,719
Year Built
- Built in 1979
Home Design
- Brick Exterior Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 4 Bedrooms
- 6,848 Sq Ft Home
- Property has 1 Level
- Fire and Smoke Detector
Flooring
- Carpet
- Vinyl
Schools
- Oakmont Elementary School
- Burns Middle School
- Dickson County High School
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- The owner pays for water
- Rent includes water
- Assessor Parcel Number 111 08305 000
Community Details
Overview
- No Home Owners Association
- 8 Units
- Norris Allen Subdivision
Building Details
- Operating Expense $35,537
- Gross Income $109,738
- Net Operating Income $74,201
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | For Sale | $999,999 | +1718.2% | $146 / Sq Ft |
| 10/31/2018 10/31/18 | Pending | -- | -- | -- |
| 10/24/2018 10/24/18 | For Sale | $55,000 | -96.3% | $3 / Sq Ft |
| 07/07/2017 07/07/17 | Sold | $1,500,000 | -- | $79 / Sq Ft |
Source: Realtracs
MLS Number: 2942691
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