$2,650,000
SOLD OCT 30, 2024

340 Briar Ave W Jamestown, TN 38556

-- Bed
-- Bath
25,980 Sq Ft
1993 Built

Recently Sold

$102 Per Sq Ft

9% Below List Price

Highlights

  • Lawn
  • Central Air
  • Heating Available
  • No HOA

About This Home

As of October 2024

ATTENTION INVESTORS!! Prime Investment Opportunity: 43-Unit Apartment Complex in Jamestown, TN Invest in this centrally located 43-unit apartment complex in Jamestown, TN, ideal for investors seeking steady rental income and growth potential in a thriving market. With a mix of one-bedroom and two-bedroom units, high occupancy rates, this property offers immediate cash flow and value-add opportunities. Don't miss out—contact me today to explore this lucrative investment in Jamestown's expanding real estate landscape.

Last Agent to Sell the Property

Connor Brewington

The Real Estate Collective Sparta Brokerage Phone: 9318378371 License #373461

Last Buyer's Agent

Landon Dickerson

True North Real Estate Services, LLC License #290910

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,024

Year Built

  • Built in 1993

Lot Details

  • The property's road front is unimproved
  • Lawn

Home Design

  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 25,980 Sq Ft Home
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood

Parking

  • Unpaved Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 008.00
  • $66,250 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • 43 Units

Building Details

  • 4 Vacant Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,024

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Attribution Contact: 9318378371
  • Directions: Head north on Justice Ctr Dr/Stewart St toward Rugby Ave, Turn left at the 1st cross street onto Rugby Ave, Turn right onto S Main St., Turn left at the 1st cross street onto Central Ave W, Turn right onto N Crabtree St., Turn right onto W Briar Ave
  • Prop. Type: Residential Income
  • Year Built: 1993
  • Property Sub Type: Apartment
  • Lot Size: 2.4 ac
  • Road Surface Type: Paved, Unimproved
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Electric Oven, Refrigerator, Electric Range, Range Hood
  • Has Basement: Crawl Space
  • Flooring: Carpet, Vinyl
  • Living Area: 25980
  • Window Features: Single Pane Windows, Double Pane Windows

Exterior Features

  • Exterior Features: Lawn
  • Roof: Metal
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Covered, Deck

Garage/Parking

  • Parking Features: Paved, Unpaved

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, VEC
  • Heating: Electric
  • Sewer: Public Sewer
  • Gas Company: N/a
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public, City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 008.00

Multi Family

  • Number Of Units Total: 43
  • Number Of Units Furnished: None
  • Number Of Units Vacant: 4

Tax Info

  • Tax Annual Amount: 6023.75
  • Tax Book Number: 360
  • Tax Map Number: 0530

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
10/30/2024 10/30/24 Sold $2,650,000 -8.6% $102 / Sq Ft
06/25/2024 06/25/24 For Sale $2,900,000 -- $112 / Sq Ft
Source: Upper Cumberland Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $195,760 $0 $195,760
2023 $2,140 $195,760 $0 $195,760
2022 $2,140 $112,040 $0 $112,040
2021 $2,140 $112,040 $0 $112,040
2020 $2,140 $112,040 $0 $112,040
2019 $2,140 $112,040 $0 $112,040
2018 $2,140 $112,040 $0 $112,040
2017 $1,889 $95,240 $0 $95,240
2016 $2,575 $95,240 $0 $95,240
2015 $2,575 $95,246 $0 $0
2014 $2,575 $95,246 $0 $0
Source: Public Records

Source: Upper Cumberland Association of REALTORS®

MLS Number: 228217

Upper Cumberland Association of REALTORS®

APN: 025053O A 00400 001