Stanley Village Townhomes | 100 Henry Dr
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Stanley Village Townhomes 100 Henry Dr
66 Unit Apartment Building $16,500,000 ($250,000/Unit) 5.64% Cap Rate Burns, TN 37029
Executive Summary
66 units - 1200 sq ft - 2 bed 2.5 bathroom
Brand New Class A Build-to-Rent (BTR) Townhome Community
Amenities Include: Dog Park, BBQ Grills, Picnic Area with Fire Pit, Kids Playground, and Outdoor Cornhole
All Utilities Separately Metered
Limited New Inventory in the Market with Very Strong Demand
Rents at $1800 with Average Household Income Within 1 Mile Averaging $109k
Seller Willing to Stay in Deal as 10% Owner
Brand New Class A Build-to-Rent (BTR) Townhome Community
Amenities Include: Dog Park, BBQ Grills, Picnic Area with Fire Pit, Kids Playground, and Outdoor Cornhole
All Utilities Separately Metered
Limited New Inventory in the Market with Very Strong Demand
Rents at $1800 with Average Household Income Within 1 Mile Averaging $109k
Seller Willing to Stay in Deal as 10% Owner
Property Facts Under Contract
Price | $16,500,000 | Apartment Style | Townhome |
Price Per Unit | $250,000 | Building Class | B |
Sale Type | Investment | Lot Size | 50.45 AC |
Cap Rate | 5.64% | Building Size | 50,000 SF |
No. Units | 66 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 2023 |
Property Subtype | Apartment |
Price | $16,500,000 |
Price Per Unit | $250,000 |
Sale Type | Investment |
Cap Rate | 5.64% |
No. Units | 66 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Townhome |
Building Class | B |
Lot Size | 50.45 AC |
Building Size | 50,000 SF |
No. Stories | 2 |
Year Built | 2023 |
Unit Amenities
- Air Conditioning
- Dishwasher
- Heating
- Kitchen
- Tub/Shower
Site Amenities
- Picnic Area
- Playground
- Grill
- Pet Play Area
- Public Transportation
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+2.5 | 66 | - | 1,200 |
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Stanley Village Townhomes | 100 Henry Dr
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