$725,000 - 901 Winchester Hwy, Fayetteville

Take a look at this 17-unit multifamily property situated in the heart of Fayetteville, TN! This property is positioned just minutes from the Fayetteville square and is in close proximity to various banks, shopping centers, restaurants, and medical facilities. This complex consists of 6 buildings, featuring 10 studio apartments, 5 one-bedroom/one-bath units, and 2 two-bedroom/one-bath units. While the units were vacated for renovations, the owner has temporarily halted the process for personal reasons. This presents a remarkable opportunity for an investor to step in and complete the renovations, preparing the units to rent or sale. This purchase price allows any prospective buyer to gain instant equity, bring your offers! This is a full remodel with the bottom units needing the majority of work. The bottom units are currently in a flood plain but are in the process of being zoned out.