Just 5 minutes from Austin Peay State University and the heart of Clarksville lies this 24 unit single-story complex built in 1983. Within four structures, identical 600sf units consist of one bed and one bath that feel a lot bigger than they are due to the layout. Each unit is individually metered for electrical and water, contains window A/C units, and on-site laundry gives your residents a helpful amenity. Providence Place had a complete overhaul in renovations of the interior and exterior over the past few years, so the savings on CapEx allows an investor to come in day one and cash flow with minimum reserves.

Stonebrooke Apartments is a well built, stable property consisting of 56 units in 7 buildings located on mature landscaped grounds in Shelbyville, Tennessee. All buildings are of solid brick build with three of the buildings being built in 2001, two additional built in 2004 and two new in 2016. A multiple door detached brick garage for storage is also on-site and could be converted to an office if desired. All units are two bedrooms with one bathroom and are 784 sq.ft. with washer/dryer hookups. [Listing Pending: Accepting Backup Offers]

True value add project located just outside Jackson TN

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]