212 Westwood Dr, McMinnville, TN 37110 For Sale

Description

Rare opportunity to acquire a fully stabilized 7-unit asset in one of McMinnville’s most desirable in-town locations. This offering includes a single-family home (210 Westwood) and six apartment units (212 Westwood), all situated on approximately one acre along the river in the established Westwood neighborhood — just over the river and walkable to downtown.  Investors will appreciate the strong rental fundamentals and operational simplicity. All units are separately metered for electric (paid by tenants), while the owner covers water, sewer, trash, and gas. The property offers consistent occupancy and reliable cash flow, making it a true turnkey investment.  See recent capital improvements In documents. Enough parking for each unit to have 2 dedicated parking spaces, detached two-car garage that presents additional income or storage potential. Property is in beautiful established single family community on a one-acre riverfront lot. Tenants love the location and peaceful backdrop as well as the convenient access to downtown shops, dining, and local employers.  McMinnville offers investors an affordable entry point compared to larger Tennessee markets, steady local demand, and limited multifamily inventory.  Seven income streams. Walkable location. Riverfront setting. Recent updates. Built-in upside.  Whether expanding your portfolio or completing a 1031 exchange, 210 & 212 Westwood Drive delivers the stability, location, and scalability investors are seeking in today’s market.