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Listed by Lisa Carter • SVN Accel Commercial Real Estate
$10,700,000
Est. payment /mo
1,800 SqFt
UPDATED:
09/19/2024 03:53 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $5,944
Subdivision Franklin Meadows
MLS Listing ID 2620939
HOA Y/N No
Year Built 2014
Annual Tax Amount $1,244
Property Description
UPDATE: Here is the opportunity to own a portfolio of 34 Single Family Residences in one of the fastest growing regions in Tennessee. These properties have been professionally managed and well maintained. The owner took pride in providing quality housing to the demanding short term rental audience and long-term tenants as well. This entire portfolio is within a 20 min radius. The Clarksville community boast a robust economic climate with a strong community feel and highly rated school system. All homes are in close proximity to the second largest US Military base known as Ft Campbell. This base employs more than 30,000 active duty military personnel, not to mention the 70,000+ retired veterans who have remained in the area. Currently, there are eighteen(18) properties operating with long term tenants in place, generating gross rents of $30,700 per month. There are sixteen (16) short term rentals, generating approximately $800,000 per year. All homes are in excellent condition.
Location
State TN
County Montgomery County
Zoning Resident
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Other
Fireplace N
Exterior
Garage Spaces 2.0
Utilities Available Water Available
View Y/N false
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Other
New Construction false
Schools
Elementary Schools Barkers Mill Elementary
Middle Schools West Creek Middle
High Schools West Creek High
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