This portfolio includes a thoughtfully assembled mix of 4 duplexes, 1 triplex, and 2 quadplexes, offering investors diversified unit types and multiple streams of income across Waverly and neighboring towns. The Waverly properties are located in a stable, demand-driven submarket, delivering a blend of turnkey performance and light value-add potential. With close proximity to downtown amenities, schools, and major thoroughfares, these assets are well-positioned to benefit from Waverly’s consistent tenant demand and constrained rental inventory. Strong local employment anchors, combined with minimal new supply, create a favorable environment for both cash flow and long-term value growth.
Investment Highlights:
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Portfolio includes 4 duplexes, 1 triplex, and 2 quadplexes across key submarkets
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Centrally located in Waverly near schools, grocery, and retail
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Solid in-place income with long-term tenants in several units
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Opportunity to increase rents 5–10% through modest interior updates
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Historically low vacancy market with consistent renter demand
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Located ~70 minutes west of Nashville with access via Highway 70 and I-40
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Below replacement cost pricing provides immediate equity upside
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Mix of stabilized and light value-add units for flexible investment strategy
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Minimal local competition from new construction or large multifamily stock
Investment Summary:
This Waverly property delivers reliable income in a supply-constrained small-town market where rental demand continues to outpace available inventory. The asset’s strong occupancy history and under-market rents offer a clear path to increased revenue with basic cosmetic improvements. As the county seat and a regional service hub, Waverly supports sustained demand for affordable, well-maintained rental housing. Whether held for cash flow or repositioned for value, this property—part of a portfolio that includes duplexes, a triplex, and quadplexes—represents a compelling opportunity for investors seeking stable returns and long-term appreciation in Middle Tennessee.