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Listed by Nawaf "John" Alashmali • EXIT Realty Blues City
$ 600,000
Est. payment | /mo
5,130 SqFt
$ 600,000
Est. payment | /mo
5,130 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 5,130 sqft
Price per Sqft $116
Subdivision Na
MLS Listing ID 2823097
Year Built 2004
Annual Tax Amount $5,647
Lot Size 0.380 Acres
Property Sub-Type Single Family Residence
Property Description
Investor opportunity in Milan, TN: Stabilized strip mall with established tenants including World Finance, Security Finance, and Cash Express — all in place for 15+ years. Strong in-place income with a cap rate over 7% (net of taxes and insurance). Proven tenancy, consistent cash flow, and low turnover make this a solid addition to any portfolio.
Location
State TN
County Gibson County
Interior
Heating Central
Cooling Central Air
Flooring Other
Fireplace N
Appliance None
Exterior
Utilities Available Water Available
View Y/N false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Other
New Construction false
Schools
Elementary Schools Milan Elementary
Middle Schools Milan Middle School
High Schools Milan High School
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Eddie Aeschliman
Broker/Owner | License ID: 326049