340 Briar Ave, Jamestown, TN 38556

Jamestown
Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
340 Briar Ave,Jamestown, TN 38556
$3,200,000
Virtual Tour
  • - Beds
  • - Baths
  • 25,980 sq. ft.
  • Multi-family
  • Active
Listed by: landon dickerson, peter ferguson
Office: true north real estate services, llc.
MLS#:247266
Source:TN_UCAR

Price summary

  • Price:$3,200,000
  • Price per sq. ft.:$123.17

About this home

Tremendous capital-producing investment with upside! Offering a 43 unit apartment complex in Jamestown, TN with a strong cap rate around 8%. These units have an impressive high occupancy history and potential to increase cash flow (the only units not currently occupied are the ones undergoing a remodel). Current owners have updated approximately 25% of the units (in transition time between tenants), and they continue to improve this asset as we go to market. Turn-key operation with immediate cash flow. This real estate will appreciate in value as you profit from the cash flow that results from the impressive cap rate.

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Home facts

  • Year built:1993
  • Listing ID #:247266
  • Added:49 day(s) ago
  • Updated:November 07, 2026 at 03:35 PM

Rooms and interior

  • Basement Description:Crawl Space
  • Living area:25,980 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:1993
  • Building area:25,980 sq. ft.
  • Construction Materials:Vinyl Siding
  • Exterior Features:Paved Streets

Utilities

  • Water:Utility District

Finances and disclosures

  • Price:$3,200,000
  • Price per sq. ft.:$123.17

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