100 Sherry Ln, Dickson, TN 37055

$905,000
6,848
SqFt

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Sold Price
$905,000
List Price
$999,999
Closing Date
Sep 29, 2025
MLS#
2942691
Days on Market
104
Property Type
Multifamily
Sqft. of Residence
6,848
County
Dickson County
Status
CLOSED

Property Description

Introducing the Sherry Lane Apartments, a prime investment opportunity featuring two well-maintained quadraplexes in the highly sought-after city of Dickson, TN. Selling at a 7.5% cap rate with room to improve! All units are occupied and a handful are rented under market so there is room for value add and revenue increase! This offering presents a rare value-add opportunity for investors, strategically located within the thriving Nashville MSA. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. At no point should tenants or staff be contacted regarding the sale of the Sherry Lane apartments.

Additional Information

Construction Type
Brick, Vinyl Siding
Cooling System
Central Air
Elementary School
Oakmont Elementary
Floor Types
Carpet, Vinyl
Heating System
Central
High School
Dickson County High School
Junior High School
Burns Middle School
Laundry
Electric Dryer Hookup, Washer Hookup
Living Area
6,848
Lot Dimensions
2.5
Number Of Stories
1
Roofing Material
Shingle
Sewer System
Public Sewer
Subdivision
Norris Allen
Tax Amount
$6,719
Water Source
Public
Year Built
1979
Zoning
R3
Type
Multifamily

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Calculator source: Real Geeks

Listing courtesy of SUBURBAN COWBOYS LLC. Selling Office: Parker Peery Properties.

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