
Description
Welcome to Magnolia Flats, a stunning brand new community of luxury townhomes that offer a perfect combination of location and value. Only 7 minutes away from downtown Dunlap, where you can find a wide range of shopping, restaurants, social activities, and more. In addition, Walmart Supercenter is only 10 minutes away.Upon arriving, you'll notice the great curb appeal of the property with a large covered front porch. As soon as you step inside, you'll be welcomed by a large open floor plan and 9-foot ceilings, which are fitted with luxury vinyl plank floors throughout. The kitchen is the heart of the home, featuring tons of cabinets, granite countertops, and an elegant peninsula with bar top seating.Down the hall, you'll find two guest rooms and a stunning master bedroom with access to the backyard patio, full ensuite, and walk-in closet. Outback, you'll have a nice concrete grilling patio to enjoy, and end units also have side patios. Each unit has its own yard, adding to the value and convenience of the property.The pictures simply do not do this property justice - you must see it in person to fully appreciate its beauty and attention to detail. Don't miss this opportunity, as it is sure to go fast. Be sure to schedule a private showing today!If you're an investor, these townhomes have a gross rent of $5875/mo, making it an excellent opportunity for those looking to invest in real estate. Currently, all units are fully occupied with one-year leases expiring in November 2023.
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0BEDS
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1ACRES
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0BATHS
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01/2 BATHS
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5,460SQFT
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$123$/SQFT
School Information
Description
Welcome to Magnolia Flats, a stunning brand new community of luxury townhomes that offer a perfect combination of location and value. Only 7 minutes away from downtown Dunlap, where you can find a wide range of shopping, restaurants, social activities, and more. In addition, Walmart Supercenter is only 10 minutes away.Upon arriving, you'll notice the great curb appeal of the property with a large covered front porch. As soon as you step inside, you'll be welcomed by a large open floor plan and 9-foot ceilings, which are fitted with luxury vinyl plank floors throughout. The kitchen is the heart of the home, featuring tons of cabinets, granite countertops, and an elegant peninsula with bar top seating.Down the hall, you'll find two guest rooms and a stunning master bedroom with access to the backyard patio, full ensuite, and walk-in closet. Outback, you'll have a nice concrete grilling patio to enjoy, and end units also have side patios. Each unit has its own yard, adding to the value and convenience of the property.The pictures simply do not do this property justice - you must see it in person to fully appreciate its beauty and attention to detail. Don't miss this opportunity, as it is sure to go fast. Be sure to schedule a private showing today!If you're an investor, these townhomes have a gross rent of $5875/mo, making it an excellent opportunity for those looking to invest in real estate. Currently, all units are fully occupied with one-year leases expiring in November 2023.


18 Michigan Ln Dunlap, TN 37327
Property Description
Exterior MasonrySiding Garage Parking Main LevelOff Street Parking Lot Description Gradual SlopingLevelScenic ViewZero Lot Line Lot Size Dimensions 122X150X148X148 Roof Shingle
Basement Slab Cooling CentralElectric Description 1 Level Heating CentralElectric Unit Four Bedrooms 3 Unit Four Features 2+ Baths3 BedroomsDeck/PatioDining/Living ComboEat-In KitchenLaundry HookupLiving RoomMicrowaveOven/RangeRefrigerator Unit Four Full Baths 2 Unit Four Half Baths 0 Unit One Bedrooms 3 Unit One Features 2+ Baths3 BedroomsDeck/PatioDining/Living ComboEat-In KitchenKitchenLaundry HookupMicrowaveOven/RangeRefrigerator Unit One Full Baths 2 Unit One Half Baths 0 Unit Three Bedrooms 3 Unit Three Features 2+ Baths3 BedroomsDeck/PatioDining/Living ComboEat-In KitchenLaundry HookupLiving RoomMicrowaveOven/RangeRefrigerator Unit Three Full Baths 2 Unit Three Half Baths 0 Unit Two Bedrooms 3 Unit Two Features 2+ Baths3 BedroomsDeck/PatioDining/Living ComboEat-In KitchenLaundry HookupLiving RoomMicrowaveOven/RangeRefrigerator Unit Two Full Baths 2 Unit Two Half Baths 0
Community Features None Existing Financing None Financing CashConventionalFhaVa Gross Monthly Rent 5875.00 Home Warranty No Owner Pays None Possession Tenant Rights Property Sub Type Quad Senior Community YN No Taxes 74.35 Tenant Pays All Utilities Type Of Sale Investor Unit Four Unit Number 4 Unit One Unit Number 1 Unit Three Unit Number 3 Unit Two Unit Number 2 Water Sewer On SewerPublic Water

Listing information © 2023 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Exp Realty, Llc: (888) 519-5113.




