Building 700 - Peachers Place | 1000 Henry Place Blvd
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Building 700 - Peachers Place 1000 Henry Place Blvd
8 Unit Apartment Building $1,792,000 ($224,000/Unit) 6.38% Cap Rate Clarksville, TN 37042
Investment Highlights
- Located close to Fort Campbell
- Tenant pays utilities
- All brick construction with upgrades throughout
Executive Summary
8 units: All brick townhomes w/ great location, gorgeous finishes, great layout. 3 Beds & 3 FULL baths. Kitchen features granite, plenty of cabinet space, & stainless steel appliances. One bedroom downstairs with walk in closet. Two bedrooms upstairs & each include full baths. Each townhome gets 1 designated parking spot, plenty of additional non-designated spaces throughout development.
HOA is $67/month per unit.HOA includes trash, lawn, grounds maintenance, & exterior building maintenance which includes the roof.
Building is located in a development with 72 total units with a mix of owner-occupied & renters. Each unit can be sold individually. Tenants pay utilities.
HOA is $67/month per unit.HOA includes trash, lawn, grounds maintenance, & exterior building maintenance which includes the roof.
Building is located in a development with 72 total units with a mix of owner-occupied & renters. Each unit can be sold individually. Tenants pay utilities.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $1,792,000 | Building Class | B |
| Price Per Unit | $224,000 | Lot Size | 0.02 AC |
| Sale Type | Investment | Building Size | 11,200 SF |
| Cap Rate | 6.38% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment | Parking Ratio | 0.09/1,000 SF |
| Apartment Style | Townhome |
| Price | $1,792,000 |
| Price Per Unit | $224,000 |
| Sale Type | Investment |
| Cap Rate | 6.38% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.02 AC |
| Building Size | 11,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2023 |
| Parking Ratio | 0.09/1,000 SF |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Double Vanities
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Carpet
- Deck
- Double Pane Windows
- Pantry
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 8 | $1,495 | 1,400 |
1 of 1
zoning
| Zoning Code | R-4 |
| R-4 |
-
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Building 700 - Peachers Place | 1000 Henry Place Blvd
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