Discover Sun Valley Apartments – A Strong Investment Opportunity in the Growing Cookeville Market
Sun Valley Apartments offers investors the chance to acquire a well-maintained and recently updated 12-unit community in one of Middle Tennessee’s fastest-growing secondary markets. Located at 2465 Benton Young Rd, this property provides stabilized in-place performance, desirable unit features, and meaningful operational upside — all within minutes of Downtown Cookeville and Tennessee Tech University, two major demand drivers for the area.
Each unit features a practical and highly rentable 2-bedroom, 1-bath layout with in-unit laundry, a feature that continues to outperform in Cookeville’s rental market. The property has received substantial improvements, including five fully renovated units, upgraded kitchen cabinetry in additional units, fresh exterior paint, and updated building systems. All HVAC units are less than three years old, and the durable metal roof is under ten years old — significantly reducing near-term capital exposure for new ownership.
Currently 92% occupied, Sun Valley Apartments offers stable current income with clear pathways for additional growth through continued interior renovations and refinement of the existing utility reimbursement structure. Sitting on a full 1-acre parcel, the property includes both front and rear parking and an efficient utility setup with tenant-paid electric and water reimbursements.
Investment Highlights
Twelve Income-Producing Units:
All 2 bed / 1 bath layouts with in-unit laundry (all-in-one or stackable), appealing to long-term renters and students.
Stabilized Operations:
Currently 92% occupied with consistent monthly income and strong historical leasing demand.
Recent Capital Improvements:
Five renovated units, new kitchen cabinetry in additional units, exterior paint, HVACs under 3 years old, and a metal roof under 10 years old.
Efficient Utility Structure:
Separately metered electric with tenant-paid usage; master-metered water with monthly reimbursement; septic system maintained annually.
Value-Add Potential:
Opportunity to increase rents through continued interior upgrades and optimization of RUBs.
Strategic Location:
Minutes from Downtown Cookeville and Tennessee Tech University, providing access to a steady renter base including students, staff, and local workforce.
Growing Secondary Market:
Cookeville continues to experience population growth, commercial expansion, and strong rental demand, making it an attractive market for long-term multifamily investment.
