Clarksville Village: 58 Unit Portfolio
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Clarksville Village: 58 Unit Portfolio
7 Multifamily Properties Offered at $7,750,000 in Clarksville, TN
Investment Highlights
- Over Half a Million in CapEx Injected into Exterior & Interior Updating
- Turnkey Asset with a Willing and Highly Capable Management for Out-of-State Investors
- Strong Rental Demand as Clarksville continues to be one of the fastest growing cities in America
- Seller willing to Carry 25% of the Purchase Price
Executive Summary
Investment Facts
Year Built: 1990s
Number of Buildings: 10
Unit Mix: 50 – 2/1 and 8 – 1/1
Exterior: Brick and vinyl with composite shingle roofing
Interior: Mostly remodeled with LVP flooring and painted cabinets and updated appliances
Investment Highlights
Turnkey Condition: Extensive interior and exterior renovations have been completed on nearly all units, making Clarksville Village a fully turnkey investment with minimal immediate maintenance needed.
Strong Rental Demand: Located within a 1-block radius of each other and amidst other multifamily properties, Clarksville Village benefits from high demand in a growing rental market, with proximity to Clarksville’s thriving economic hubs and amenities.
Management Continuity: The current management company is available to continue overseeing operations, providing stability and expertise for seamless property management and investment continuity.
Year Built: 1990s
Number of Buildings: 10
Unit Mix: 50 – 2/1 and 8 – 1/1
Exterior: Brick and vinyl with composite shingle roofing
Interior: Mostly remodeled with LVP flooring and painted cabinets and updated appliances
Investment Highlights
Turnkey Condition: Extensive interior and exterior renovations have been completed on nearly all units, making Clarksville Village a fully turnkey investment with minimal immediate maintenance needed.
Strong Rental Demand: Located within a 1-block radius of each other and amidst other multifamily properties, Clarksville Village benefits from high demand in a growing rental market, with proximity to Clarksville’s thriving economic hubs and amenities.
Management Continuity: The current management company is available to continue overseeing operations, providing stability and expertise for seamless property management and investment continuity.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $7,750,000 | Status | Active |
| Price / SF | $146.72 / SF | Number of Properties | 7 |
| Sale Conditions | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 5.68% | Total Building Size | 52,822 SF |
| Sale Type | Investment | Total Land Area | 4.39 AC |
| Price | $7,750,000 |
| Price / SF | $146.72 / SF |
| Sale Conditions | Bulk/Portfolio Sale |
| Cap Rate | 5.68% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 52,822 SF |
| Total Land Area | 4.39 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 284 Rue Le Mans Dr, Clarksville, TN 37042 | Multifamily | 6,355 SF | 1989 | - |
| 141 Darlene Dr, Clarksville, TN 37042 | Multifamily | 4,181 SF | 1995 | - |
| 151 Darlene Dr, Clarksville, TN 37042 | Multifamily | 4,526 SF | 1990 | - |
| 139 Darlene Dr, Clarksville, TN 37042 | Multifamily | 4,194 SF | 1995 | - |
|
Cumberland Commons
110 Bennett Dr, Clarksville, TN 37042 |
Multifamily | 16,000 SF | 1993 | - |
|
Chamberlain Apartments
112 Bennett Dr, Clarksville, TN 37042 |
Multifamily | 6,208 SF | 1991 | - |
| 117-121 Bennett Dr, Clarksville, TN 37042 | Multifamily | 11,358 SF | 1990 | - |
-
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