Investment Overview
PWA Properties is pleased to present HomeBridge Apartments, a 112-unit property located in Cookeville, Tennessee. Originally built in 1973, the property consists entirely of studio units and was fully renovated in 2023. In addition to the existing units, there is potential to add several more by converting existing storage rooms, maintenance areas, and former office space that was previously configured as guest rooms. The average monthly rent per unit is $1,100. Conveniently located near Tennessee Tech University, Cookeville Regional Medical Center, and major employers, the property provides easy access to the area's primary employment centers, shopping, dining, and Interstate 40.
Investment Highlights
- 112 Units
- All Studio Style Units
- Fully Renovated in 2023