Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.
- 333 11th Avenue N in Franklin, TN is better known as Franklin Manor Apartments.
- Built in 1967, the 3 building complex offers 32 units including 8 one bedrooms (600 SF) and 24 two bedrooms (900 SF).
- Two stories, 60 parking spaces.
- Updated units rent for $1,550 per month and include new kitchens with granite, subway tile backsplash, GE stainless steel appliances, stackable washer/dryer, wood-look floors, updated bathrooms and barn door style closet doors.
- The 3.3 acre property is attractively located just outside of historic downtown Franklin.
- The property just sold for $4,100,000…the equivalent of $128,000/unit.
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About Beau Beach, MBA CCIM
Beau is a battle-tested Commercial Real Estate Broker, entrepreneur and adoring father of four. His clients appreciate his no-nonsense demeanor and his legendary work ethic.
Beau leads Beachwood which is a nationwide commercial real estate brokerage for sellers…with emphasis in Nashville and the Southeast.
He’s earned the revered “CCIM” designation which is awarded to the top 6% of all commercial real estate brokers.
He’s the author of the books The 3 Reasons: Why Most Commercial Properties Don’t Sell and True Wealth: What Every Seller Should Know About 1031 Exchanges.
Beau can be reached at 800-721-3287, click to schedule a call or Beau@soldbybeachwood.com