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25,980 sqft

$3,200,000

340 Briar Ave, Jamestown TN, 38556

Price per sqft$123.17
Built in1993
Property size25,980 sqft
Property typeCondominium

Overview

Active

Listed Sep 18, 2026

Updated 4 days ago

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.

$21,290/mo

Est. mortgage payment based on a $3,200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$7,317
Tax Frequency
Annually
MLS provider logo

Listed by Landon Dickerson with True North Real Estate Services, LLC
Listing Contact: 9318377355 

The IDX display contains information sourced from the Upper Cumberland Association of REALTORS® as of 10/16/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Upper Cumberland Association of REALTORS® all rights reserved.

Data last updated on 10/16/2026 at 5:12 AM UTC

 

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