Montgomery County.

Middle Tennessee map with Montgomery County highlighted in blueMontgomery County, Tennessee, emerges as a prime destination for multifamily real estate investment, seamlessly blending urban conveniences with the charm of suburban living. Clarksville, the county’s largest city and home to Fort Campbell, boasts a dynamic economy driven by military services, manufacturing, and healthcare, creating a robust job market that attracts a diverse population. Springfield, with its historic allure, is marked by a growing industrial sector and a close-knit community atmosphere. Erin, another gem within the county, charms with its small-town ambiance while contributing to the local economy through agriculture and manufacturing. With a collectively expanding population drawn to the region’s economic opportunities and a strategic location merely a short drive from Nashville, Montgomery County presents a compelling prospect for multifamily real estate, offering residents a balanced and thriving living experience.

  • Sale!

    Darlene 16

    Original price was: $2,240,000.Current price is: $2,100,000.
    Status

    Active
    Year Built

    Address

    143 Darlene Drive, Clarksville, TN 37042, 145 Darlene Drive, Clarksville, TN 37042
    County

    Listing Agent

    Number of Units

    Property Type

    Sqft

    This 16-unit multifamily property, built in 2005, consists entirely of 2 bed / 1 bath units. Tenants are responsible for their own water and electric, with utilities individually metered.

    Since purchasing the property, the owner has invested over $100,000 in improvements, including new flooring, interior paint, appliances, HVAC systems, decks, a fully renovated parking lot, and exterior fencing. Despite these upgrades, rents remain up to $250 below market value, with comparable properties in the area leasing for $1,100 per unit, offering a strong value-add opportunity for an investor looking to optimize performance.

    Investment Facts

    Year Built: 2005 Number of Buildings: 2 Unit Mix: 16 - 2/1 Exterior: Brick with composite shingle roofing Interior: Units remodeled.

    Investment Highlights

    • High Occupancy, Low Turnover: Strong leasing history with consistent tenant demand in the growing Clarksville rental market.
    • Low Maintenance: 16 two-bedroom apartments exterior cap ex completed
    • Prime Location: Buildings located next door to each other and are in a convenient part of Clarksville.
    Details

  • Brookside Apartments

    $1,550,000
    Status

    Active
    Address

    100 Brookside Dr. Clarksville, TN 37042
    County

    Listing Agent

    Number of Units

    Property Type

    Are you a savvy investor looking to buy apartments in Middle Tennessee? Brookside Apartments, a 16-unit property located at 100 Brookside Drive in Clarksville, TN, offers an excellent opportunity for investors to expand their multifamily portfolio. With a competitive asking price of $1.55 million and a 6.2% cap rate under current operations, this fully renovated property features low maintenance, high occupancy, and a prime location just minutes from Fort Campbell Military Base. Whether you’re looking to invest in the thriving Middle Tennessee rental market or secure a turnkey multifamily property, Brookside Apartments is an investment worth considering. For more details, click the "Get More Information" button below!

    Investment Facts

    Year Built: 1976 Number of Buildings: 1 Unit Mix: 16 - 1/1 Exterior: Block and Stone with a flat roof Interior: Most unts remodeled and have updated appliances and newer mini-split HVACs

    Investment Highlights

    • Major Renovations Completed: Fully renovated in 2019, including exterior upgrades and interior renovations across all 16 units, with new mini-split systems and dehumidifiers installed.
    • High Occupancy, Low Turnover: Strong leasing history with consistent tenant demand in the growing Clarksville rental market.
    • Low Maintenance: 16 one-bedroom apartments with durable painted block exteriors and minimal landscaping requirements.
    • Prime Location: Situated just 1 block from Ft. Campbell Blvd and only 3.5 miles from Fort Campbell Military Base, surrounded by new construction and thriving development.
    • Management Continuity: Existing property management has effectively maintained high occupancy and low turnover and is available to continue managing the property post-sale.
    Details

  • 1358 Moss Rose Road

    $219,000
    Status

    Sold
    Address

    1358 Moss Rose Road, Clarksville, TN
    Number of Units

    Property Type

    Sqft

    1100
    Listing Agent

    Contact

    615-267-3788
    County

    Welcome to this quaint duplex nestled in the heart of Clarksville, Tennessee, offering a prime opportunity for the savvy real estate investor. This beautifully renovated property boasts two spacious units, one of which is currently vacant, while the occupied unit generates a steady income of $1,100 per month, showcasing the income potential this investment holds. Located in a tranquil and friendly neighborhood, this duplex provides a serene oasis just minutes away from the bustling downtown area of Clarksville. With its turnkey status, this property promises a hassle-free investment experience, making it an ideal choice for those seeking to capitalize on the thriving real estate market in this charming Tennessee town. Don't miss out on the chance to make this duplex your next real estate success story!
    Details

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Overview

Business Info

405 Two Mile Pike 
Suite B – Office 101
Goodlettsville, TN 37072

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