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.

  •

    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

  • Clarksville Village

    $8,250,000
    Status

    Active
    Address

    101, 110, 112, 117, 119 and 121 Bennett Dr. Clarksivlle, TN 37042, 139, 141 and 151 Darlene Dr. Clarksville, TN 37042, 284 Rue Le Mans Dr. Clarksville, TN 37042
    County

    Listing Agent

    Number of Units

    Property Type

    Clarksville Village is a prime investment opportunity featuring 58 units across 10 buildings, including quadplexes, six-plexes, and eight-plexes, all within a 1-block radius. This well-maintained property boasts extensive interior and exterior renovations, ensuring a turnkey experience with minimal immediate upkeep. Located amidst other multifamily properties in a vibrant and growing rental market, Clarksville Village benefits from high demand and strong rental prospects. The current management company is ready to continue overseeing operations, offering seamless management and investment stability.

    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.
    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

Comprehensive Brokerage Services for the Southeast’s Multi-Family Housing Investment Landscape

Overview

Business Info

248 B Jackson Meadows Dr
Hermitage, TN 37076

We are not a law firm or financial advisor and our employees are not acting as your attorneys. The information contained in the Site is general legal information and should not be construed as legal or financial advice to be applied to any specific factual situation.

Fair Housing Act Disclosure: The Act makes fair housing a national policy throughout the U.S. It prohibits discrimination in the sale, lease or rental of housing, or making housing otherwise unavailable because of race, color, religion, sex, disability, familial status or national origin.

© 2024 • Residential Investment Advisors Inc

Back to top