340 Briar Ave, Jamestown, TN 38556
Apartment
IDR Rp57,617,669,994
USD $3,200,000
Published on: 05 Mar 2026
Last updated on: 15 May 2026
Property ID: 110106148741
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APARTMENT - Jamestown, TN
340 Briar Ave, Jamestown, TN 38556
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.
Property Details
Basic Info
Indoor Feature
Outdoor Feature
Basic Info
Property Type
Apartment
Listing Status
Active
Land Size
0.40 m2
Building Size
2,413.62 m2
Year Built
1993
County
Fentress
Parcel ID
004.00
Provider
Upper Cumberland Association of Realtors
Brokerage Office Name
True North Real Estate Services, LLC
Brokerage Office Phone
9318377355
Neighbourhoods
Jamestown City Limits, TN
Address
340 Briar Ave, Jamestown, TN 38556
Contact Agent
Landon Dickerson
True North Real Estate Services, LLC
372 N Spring Street , Sparta, TN 38583
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Contact Agent
Contact Agent
Email enquiry to True North Real Estate Services, LLC
Landon Dickerson
372 N Spring Street , Sparta, TN 38583
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Property ID: 110106148741
Original Property ID: 3yd-UCARTN-242556Data provided by Upper Cumberland Association of Realtors, MLS #: 242556
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Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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