Discover Manor Apartments – A Turnkey Investment Opportunity in the Growing Lawrenceburg Market
Manor Apartments offers investors the opportunity to acquire a well-maintained, turnkey 18-unit multifamily community in the growing Lawrenceburg market. Located at 410 Manor Drive in Lawrenceburg, Tennessee, the property combines recent capital improvements, stable operations, and future rental upside, all within minutes of major employers, retail amenities, and the area's expanding industrial corridor.
Currently 88% occupied, Manor Apartments consists of twelve 2-bedroom, 1-bath units and six 1-bedroom, 1-bath units. Each apartment features in-unit laundry and tenant-paid utilities, creating an efficient operating structure. Situated on approximately 1.91 acres, the property offers 36 surface parking spaces and convenient access to Walmart, restaurants, and everyday services.
Ownership has invested significantly in the property, completing major capital improvements including a new roof, resurfaced parking lot, new stairwells, new sewer lines throughout the crawlspaces, and continued interior renovations during unit turnovers. These improvements have positioned the asset as a low-maintenance investment for new ownership while still providing the opportunity to capture additional rental growth through select interior upgrades.
Lawrenceburg continues to benefit from significant economic expansion fueled by major investments from Magna International, Advanced Design Solutions, Flexco Products, Craig Manufacturing, and several other manufacturers bringing hundreds of new jobs to the area. Supported by these strong employment drivers and the property's central location, Manor Apartments offers investors a quality multifamily asset in one of Southern Middle Tennessee's steadily growing markets.
Investment Highlights:
Turnkey 18-Unit Community
Well-maintained apartment community featuring twelve 2-bedroom, 1-bath units and six 1-bedroom, 1-bath units with in-unit laundry.
Extensive Capital Improvements
New roof, resurfaced parking lot, new stairwells, new sewer lines, and continued interior renovations completed during current ownership.
Low-Maintenance Ownership
Recent improvements and tenant-paid utilities provide an efficient operational structure for future ownership.
Future Rental Growth
Opportunity to increase rents toward market rates through continued interior renovations as units turn over.
Excellent Location
Situated next to Walmart, restaurants, and less than four minutes from Lawrenceburg's expanding industrial corridor.
Growing Economic Fundamentals
Lawrenceburg continues to attract major corporate investment and job growth, supporting long-term demand for quality rental housing.
