
Hughes ST Cookevile TN
Property Specs:
Property Type: Conversion & New Build
Property Location: Cookeville, TN
Property Description: Conversion + build of 16 Co-living doors in booming growth corridor in Cookeville TN - ranked 24th fastest growing city by Uhaul in 2025.
Property Units: 1
Stories: 2
Square Footage: 2100
Rooms/Doors: 8
PHASE 2: Build a duplex on remaining lot (construction loan) - then all can be rolled into DSCR 2000 sf (8 doors) pending approval by city
The Financials on the conversion:
COC: 38%
Monthly Projected Returns: $2459/mo
The Financials on the new build:
COC: 60%
Monthly Projected Returns: $2500/mo
The Investment Buy-In
Total Investment Requested: up to $325,000
The Partner Terms
Equity Sharing (up to 50%)
Hold time est: 24 months minimum

