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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]
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This brick quadplex sits on a quiet street in Clarksville, close to Ft Campbell. All four units are identical and spacious 2 bed, 1 bath flats that stay rented throughout the year. The purchase includes the lot of land next door, potentially capable of housing a couple more units for development. Ask us about an owner financing option for this asset!
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This duplex offers the ability to have the best of both worlds by either house hacking or as a pure investment. A short drive over to One Hundred Oaks shopping or easy access to 65 to zip around the city gives the residents here plenty of options. Diversity of the units gives you the ability to rent to numerous types of residents with a 3 bed/2 bath and a 2 bed/1 bath available at 1035sf and 853sf, respectively. Plenty of space in an enclosed backyard and lots of parking makes this an asset to entertain families and guests as well!
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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.
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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]
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With less than a 10- minute drive to UT Chattanooga and downtown access, this cozy duplex boasts a quiet scene and an easy commute to all that Chattanooga has to offer. This property consists of two bedrooms and one bathroom at 990 square feet per unit. Tenants benefit from a shared washer and dryer, as well as plenty of storage space down in the basement. Lastly, this property includes a large backyard surrounded by a beautiful wooded area.
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The Clifton Ave quadplex is in West Nashville minutes from the hyper developing 28th Ave. Consisting of 4 identical units built in 1964, 800sf serves a two bedroom and one bath tenant base. Each unit has washer/dryer connections and is individually metered for water and electric. Conveniently located less than five minutes from Tennessee State University, Hadley Park, Centennial Park, and just a short ten minutes from downtown Nashville! This is an investor’s opportunity to be a part of this renovating area before they are all picked up.