REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Brandon Wheeler - Real Broker

brandonwheeler.agent@gmail.com +1(731) 676-6260

Listed by: Kristen Londe Town and Country

$ 3,600,000

Est. payment | -/mo

49,229 SqFt

Save

$ 3,600,000

Est. payment | -/mo

Save

49,229 SqFt

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 49,229 sqft

Price per Sqft $73

MLS Listing ID 2605095

Year Built 2002

Annual Tax Amount $19,103

Lot Size 5.000 Acres

Acres 5.0

Lot Dimensions 5 acres

Property Sub-Type Apartment

Source Central West Tennessee Association of REALTORS®

Property Description

Riverbrook Apartments is a 48-unit multifamily community in Brownsville, Tennessee, the seat of Haywood County and home to Ford's BlueOval City campus. The property consists of six buildings with 40 two-bedroom/two-bath and 8 three-bedroom/two-bath units. Each unit features a full kitchen with electric range, dishwasher and refrigerator, a walk-in closet in the primary bedroom, and washer/dryer connections. Community amenities include a community room, on-site laundry facility, central mail center, playground and picnic area. Riverbrook exited the LIHTC program through the qualified contract process, and the three-year protection period has fully expired. With no remaining affordability restrictions, the property is available for market-rate leasing, giving a new owner full flexibility on rents and leasing strategy. BlueOval City. BlueOval City, a $5.6 billion manufacturing campus in Stanton, sits in the same county as Riverbrook. Ford expects to begin production at its Tennessee Truck Plant in 2029 and projects approximately 2,300 jobs there. The campus also includes a battery manufacturing plant targeting production in 2028. As hiring ramps up, Brownsville is positioned to benefit from demand for nearby workforce housing, and Riverbrook's two- and three-bedroom floor plans suit that renter base. Investment Outlook. Riverbrook offers an established multifamily asset, free of affordability restrictions, in the same county as one of the largest industrial projects in Tennessee history. Proximity to BlueOval City provides long-term demand upside on top of the property's existing operations. BlueOval City-BlueOval City, a $5.6 billion manufacturing campus in Stanton, sits in the same county as Riverbrook. Ford expects to begin production at its Tennessee Truck Plant in 2029 and projects approximately 2,300 jobs there. The campus also includes a battery manufacturing plant targeting production in 2028. As hiring ramps up, Brownsville is positioned to benefit from demand for nearby workforce housing, and Riverbrook's two- and three-bedroom floor plans suit that renter base. Investment Outlook- Riverbrook offers an established multifamily asset, free of affordability restrictions, in the same county as one of the largest industrial projects in Tennessee history. Proximity to BlueOval City provides long-term demand upside on top of the property's existing operations.

Location

State TN

County Haywood

Area 5.0

Direction Starting from Town and Country Realtors @ 1944 Hwy 45 Bypass, Jackson, TN, take I-40 West toward Memphis. Take Exit 56 onto TN-76 North toward Brownsville. Continue into Brownsville to TN-76 E/Anderson Ave in Brownsville. Continue on TN-76 E/Anderson Ave to Riverbrook Cove- Riverbrook Apartments are located in the cove.

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Ceramic Tile, Vinyl

Window Features Aluminum Frames,Vinyl Frames

Heat Source Central

Laundry Electric Dryer Hookup, Laundry Room, Washer Hookup

Exterior

Exterior Feature Playground, Other

Community Features Playground, Sidewalks, Street Lights

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Composition

Street Surface Asphalt

Road Frontage City Street

Building

Lot Description Cul-De-Sac, Level

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories 2

Structure Type Brick,Vinyl Siding

Schools

Elementary Schools Haywood County Schools

High Schools Haywood County Schools

Others

Tax ID 075M A 022.01

Special Listing Condition Standard

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(731) 676-6260

brandonwheeler.agent@gmail.com

43 Riverbrook CV Brownsville, TN 38012

Brandon Wheeler - Real Broker

Key Details

Location

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

43 Riverbrook CV