Discover prime opportunities in Bedford County, Tennessee, where the town of Shelbyville stands as a focal point for multifamily real estate investment. Boasting a diverse economic landscape, including manufacturing, agriculture, and healthcare, Shelbyville showcases stability and growth. Economic indicators reflect a robust environment, making it an ideal setting for property investment. With a growing population drawn to the town’s economic vitality and community charm, Bedford County provides an attractive blend of suburban living and strategic proximity to Nashville, just a short drive away, promising investors a dynamic and thriving market.
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Olive Grove Apartments consists of 60 units in 10 buildings located in a lovely neighborhood of Shelbyville, Tennessee. Three distinct unit types create a good mix, making the property extremely marketable to match tenant needs. An office building is located on-site and includes a laundry facility to service tenants. This value add opportunity is positioned to do well with certain capital upgrades to increase curb appeal and match the nice neighborhood. In turn, rental rates could be pushed much higher than where they are currently.[Listing Pending: Accepting Backup Offers]