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Additional details
Listed by Samantha Kellett • Blue Cord Realty, LLC
$2,750,000
Est. payment /mo
20,646 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 20,646 sqft
Price per Sqft $133
MLS Listing ID 3203471
Year Built 1992
Annual Tax Amount $15,507
Property Description
26 unit multifamily investment opportunity located just minutes from Fort Campbell in one of Clarksville's strongest rental corridors. This apartment community offers highly desirable 2-bedroom floor plans designed for practical everyday living with functional layouts, spacious bathrooms featuring wall-to-wall vanities, washer and dryer connections, shower/tub combinations, and pet-friendly accommodations that continue to attract long-term tenant demand.
The property's location provides convenient access to Fort Campbell, major commuting routes, shopping, dining, and everyday amenities, making it an attractive option for both military and civilian tenants alike. Current leasing strategies include flexible 6-month lease options, promotional incentives, and strong occupancy appeal, creating an opportunity for continued revenue growth and tenant retention.
This asset presents an excellent opportunity for investors seeking stabilized income with additional upside potential through operational improvements, rental growth, or future amenity enhancements such as the addition of a dog park, playground, outdoor gathering spaces, or other tenant-focused features designed to further increase resident satisfaction and long-term retention.
The combination of affordability, functionality, and location creates consistent rental demand in a market that continues to experience strong population and employment growth. Whether expanding an existing portfolio or entering the Clarksville multifamily market, this property offers a compelling mix of cash flow potential, tenant appeal, and long-term investment stability in a rapidly growing area near the Tennessee/Kentucky border.
Financial documents, rent rolls, and additional investment information will be available beginning Monday. Contact listing agent for access to financials, operating information, and showing procedures. PLEASE DO NOT BOTHER TENANTS. Co-listed with Pat Cosgrove of Marcus and Millichap.
The property's location provides convenient access to Fort Campbell, major commuting routes, shopping, dining, and everyday amenities, making it an attractive option for both military and civilian tenants alike. Current leasing strategies include flexible 6-month lease options, promotional incentives, and strong occupancy appeal, creating an opportunity for continued revenue growth and tenant retention.
This asset presents an excellent opportunity for investors seeking stabilized income with additional upside potential through operational improvements, rental growth, or future amenity enhancements such as the addition of a dog park, playground, outdoor gathering spaces, or other tenant-focused features designed to further increase resident satisfaction and long-term retention.
The combination of affordability, functionality, and location creates consistent rental demand in a market that continues to experience strong population and employment growth. Whether expanding an existing portfolio or entering the Clarksville multifamily market, this property offers a compelling mix of cash flow potential, tenant appeal, and long-term investment stability in a rapidly growing area near the Tennessee/Kentucky border.
Financial documents, rent rolls, and additional investment information will be available beginning Monday. Contact listing agent for access to financials, operating information, and showing procedures. PLEASE DO NOT BOTHER TENANTS. Co-listed with Pat Cosgrove of Marcus and Millichap.
Location
State TN
County Montgomery County
Zoning R4
Interior
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Vinyl
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Ringgold Elementary
Middle Schools West Creek Middle
High Schools Northwest High School
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