Description
Pre-sale on this upcoming quadruplex built to townhome specs! Lock it in now! Presenting an exceptional investment opportunity with this brand-new quadruplex, thoughtfully designed for modern living. These townhomes offer Craftsman-style exteriors and are designed for comfort, style, and easy living. Each of the four spacious units boasts 3 bedrooms, 2.5 bathrooms, and top-tier finishes throughout. The kitchens are equipped with stainless steel appliances, elegant soft-close cabinets, and durable LVP flooring that flows seamlessly through the main living spaces. Each unit also includes an attached 2-car garage for added convenience. Situated within walking distance of local grocery stores, dining, and shopping, Arbor Hills is also ideally located near major highways, allowing for quick, efficient travel to work. The property is part of a well-maintained community with an HOA that covers all landscaping and includes plans for a future community pool, enhancing both value and tenant appeal. Current market rents are strong, averaging $2,000 per month per unit, providing an attractive income stream. The property is connected to a sewer system, ensuring low-maintenance operations. Don't miss this opportunity to secure a high-quality, low-maintenance investment with impressive returns. If under contract prior to completion, builder will allow buyer to choose from a selection of finishings. Come be a part of the experience, we would love to have you. Note: Construction will commence by mid-October with an estimated completion of March/April 2025
Details
| MLS # | 1522225 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $600 |
| Sub-Type | New Construction |
| Status | Pending |
| Year | 2024 |
| Days On Site | 385 |
| Listing Provided By | Keller Williams Realty | Gina Shumway |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 14 |
| SQ Feet | 6,040 |
| Garage | 8 |
| Pool | Yes |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.06 |
Interior
| Cooling | Central Air, Electric |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Central, Electric |
| Heating Yes / No | Yes |
| Appliances | Disposal, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator |
| Interior Features | En Suite, Bar, Eat-in Kitchen, Granite Counters, Open Floorplan, Pantry, Walk-In Closet(s) |
| Window Features | Insulated Windows, Vinyl Frames |
| Fireplace Yes / No | Yes |
| Flooring | Ceramic Tile, Other, Vinyl |
| Laundry Features | Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup |
| Attic Sp Features Co Attic Sp Features | Storage Only |
Exterior
| Roof | Asphalt, Shingle |
|---|---|
| Exterior Features | Awning(s), Rain Gutters |
| Security Features | Smoke Detector(s) |
| Lot Features | Level |
| Construction Materials | Brick, Stone, Fiber Cement |
| Foundation Details | Slab |
| Patio And Porch Features | Covered, Patio |
| Pool Features | Community |
| Spa Features | None |
| Architectural Style | Contemporary |
| Brick Sp And Sp Stone Sp Features Co Brick Sp And Sp Stone Sp Features | Partial Brick, Partial Stone |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Concrete, Driveway, Garage, On Street |
Utilities
| Utilities | Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities |
|---|---|
| Sewer | Public Sewer |
| Water Source | Public |
Location
| Community Features | Pool, Sidewalks |
|---|---|
| Senior Community Yes / No | No |
| Association Amenities | Landscaping, Maintenance Grounds |
Taxes
| Tax Annual Amount | 2156.1 |
|---|---|
| Tax Legal Description | Part of lot 15 Arbor Hills Subdivision |
Area Information
| State | TN |
|---|---|
| County | Bradley |
| City | Cleveland |
| Zip Code | 37323 |
| Area | Bradley |
| Community Name | Arbors Hills Townhomes |
| School District | Cleveland High |
| Elementary School | Blythe-Bower Elementary |
| High School | Cleveland High |
| Listing VS Median (in Arbors Hills Townhomes) | |
Price: $1,060,000 low | high Med: $1,060,000 sqft: 6,040 low | high Med: 6,040 $ / sqft: $175 low | high Med: $175 On site: 385 low | high Med: 385 | |
Market Activity 37323
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Learn More About This Property
| State | TN |
|---|---|
| County | Bradley |
| City | Cleveland |
| Zip Code | 37323 |
| Area | Bradley |
| Community Name | Arbors Hills Townhomes |
| School District | Cleveland High |
| Elementary School | Blythe-Bower Elementary |
| High School | Cleveland High |
| Listing VS Median (in Arbors Hills Townhomes) | |
Price: $1,060,000 low | high Med: $1,060,000 sqft: 6,040 low | high Med: 6,040 $ / sqft: $175 low | high Med: $175 On site: 385 low | high Med: 385 | |
