Featured.

  • Sale!

    Darlene 16

    Original price was: $2,240,000.Current price is: $2,100,000.
    Status

    Active
    Year Built

    Address

    143 Darlene Drive, Clarksville, TN 37042, 145 Darlene Drive, Clarksville, TN 37042
    County

    Listing Agent

    Number of Units

    Property Type

    Sqft

    This 16-unit multifamily property, built in 2005, consists entirely of 2 bed / 1 bath units. Tenants are responsible for their own water and electric, with utilities individually metered.

    Since purchasing the property, the owner has invested over $100,000 in improvements, including new flooring, interior paint, appliances, HVAC systems, decks, a fully renovated parking lot, and exterior fencing. Despite these upgrades, rents remain up to $250 below market value, with comparable properties in the area leasing for $1,100 per unit, offering a strong value-add opportunity for an investor looking to optimize performance.

    Investment Facts

    Year Built: 2005 Number of Buildings: 2 Unit Mix: 16 - 2/1 Exterior: Brick with composite shingle roofing Interior: Units remodeled.

    Investment Highlights

    • High Occupancy, Low Turnover: Strong leasing history with consistent tenant demand in the growing Clarksville rental market.
    • Low Maintenance: 16 two-bedroom apartments exterior cap ex completed
    • Prime Location: Buildings located next door to each other and are in a convenient part of Clarksville.
    Details
  • Sale!
    Aerial View of the duplex listed in North Nashville

    North Nashville Duplex

    Original price was: $415,000.Current price is: $379,000.
    Status

    Active
    Year Built

    Address

    1606 14th Ave N, Nashville, TN 37208
    Number of Units

    Property Type

    Sqft

    Listing Agent

    Contact

    (615) 640-1208
    Agent Email

    kristina@ria-inc.com
    County

    Discover a unique investment opportunity in the heart of Nashville! Located at 1606 14th Ave N, this 1,280 sq. ft. duplex offers a blend of modern updates and prime potential. With four bedrooms, two bathrooms, and eligibility for a Detached Additional Dwelling Unit (DADU), this property is perfect for investors looking to maximize rental income or homeowners seeking extra flexibility. Recent updates to the floors, paint, and kitchen countertops make this a turnkey option with room to grow in value.

    Investment Highlights:

    1. DADU Potential: Maximize your investment with the ability to add a Detached Additional Dwelling Unit, enhancing rental income or providing extra living space in a sought-after location.
    2. Turnkey Updates: Recently remodeled with new floors, fresh paint, and updated kitchen countertops, this property offers immediate rental appeal without the need for extensive renovations.
    3. Prime Nashville Location: Situated in the thriving 37208 zip code, this duplex benefits from a 5,610 sq. ft. lot, proximity to city amenities, and strong rental demand in the area, making it a solid long-term investment.
    Details
  • Value Add Triplex in Lawrenceburg

    Lawrence Street

    $140,000
    Address

    226 Lawrence Street, Lawrenceburg, TN 38464
    County

    Listing Agent

    Number of Units

    Property Type

    This value add triplex in Lawrenceburg is an exceptional investment opportunity located right next to the new technical school. With a total of 2,952 square feet, this property features three units: two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit.

    Investment Highlights

    • Projected Gross Monthly Income: $2,750, providing excellent rental income potential.
    • Updated Electrical: The electrical system has been redone and is ready for final approval.
    • Renovation Potential: Salvageable sheetrock and foundation correction needs create an ideal value-add project.
    • Individual Electric Meters: Streamlines tenant billing for easier management.
    • Proximity to Key Amenities: Located next to the new technical school, offering strong appeal for potential tenants.
    This value add triplex in Lawrenceburg presents an opportunity to enhance property value and increase rental income. Contact us today to learn more about this exciting investment.
    Details
  • Sale!

    Parker Street Villas

    Original price was: $500,000.Current price is: $425,000.
    Address

    1202-1208 Parker St. Columbia, TN 38401
    County

    Property Type

    Year Built

    Sqft

    Current Rent

    approx $4000/mo
    Listing Agent

    This small multifamily 4-structure property in Columbia, TN offers a solid investment opportunity for those looking to do the work of rehabbing old homes. Priced at $425,000, it includes four existing buildings on 0.53 acres, between 2 adjacent parcels, zoned SD-LI non-conforming (light industrial). The property with recent rents sits at an 7.6% cap rate and there's room to push that cap rate even higher with a bit of renovation. Renovated homes in the area are selling between $215,000 to $250,000, indicating strong equity potential. This property presents a chance to add desirable homes in a growing market.
    Details

  • Brookside Apartments

    $1,550,000
    Status

    Active
    Address

    100 Brookside Dr. Clarksville, TN 37042
    County

    Listing Agent

    Number of Units

    Property Type

    Are you a savvy investor looking to buy apartments in Middle Tennessee? Brookside Apartments, a 16-unit property located at 100 Brookside Drive in Clarksville, TN, offers an excellent opportunity for investors to expand their multifamily portfolio. With a competitive asking price of $1.55 million and a 6.2% cap rate under current operations, this fully renovated property features low maintenance, high occupancy, and a prime location just minutes from Fort Campbell Military Base. Whether you’re looking to invest in the thriving Middle Tennessee rental market or secure a turnkey multifamily property, Brookside Apartments is an investment worth considering. For more details, click the "Get More Information" button below!

    Investment Facts

    Year Built: 1976 Number of Buildings: 1 Unit Mix: 16 - 1/1 Exterior: Block and Stone with a flat roof Interior: Most unts remodeled and have updated appliances and newer mini-split HVACs

    Investment Highlights

    • Major Renovations Completed: Fully renovated in 2019, including exterior upgrades and interior renovations across all 16 units, with new mini-split systems and dehumidifiers installed.
    • High Occupancy, Low Turnover: Strong leasing history with consistent tenant demand in the growing Clarksville rental market.
    • Low Maintenance: 16 one-bedroom apartments with durable painted block exteriors and minimal landscaping requirements.
    • Prime Location: Situated just 1 block from Ft. Campbell Blvd and only 3.5 miles from Fort Campbell Military Base, surrounded by new construction and thriving development.
    • Management Continuity: Existing property management has effectively maintained high occupancy and low turnover and is available to continue managing the property post-sale.
    Details
  • Sale!

    Jefferson Flats

    Original price was: $2,499,000.Current price is: $1,900,000.
    Status

    Active
    Address

    2607 Jefferson St. Nashville, TN
    Number of Units

    Property Type

    Sqft

    Listing Agent

    Agent Email

    landon@ria-inc.com
    County

    Welcome to Jefferson Flats, a lucrative investment opportunity strategically positioned just minutes away from Tennessee State University and the vibrant heart of Downtown Nashville. This updated and well-maintained 12-unit apartment complex, spanning 7,300 square feet, presents a unique blend of prime location and strong rental potential. Originally constructed in 1963, Jefferson Flats has undergone extensive renovations, ensuring a modern and appealing living space for tenants. Each unit currently commands nearly $1,250 per month in rent, and with the opportunity to further align with market trends, there's room for increased returns in the coming year.

    Additionally, Jefferson Flats is approved for use as a Non-Owner-Occupied Short-Term Rental in Nashville, opening up an additional revenue stream for savvy investors looking to capitalize on Nashville's thriving tourism market. Jefferson Flats is not just an investment; it's a path to sustainable and growing returns in the heart of Music City.

    Property Overview:
    • Unit Composition: 12 - 2bd/1ba
    • Recent Updates: Large amount of capital has gone into this property since 2021 making it a turnkey investment.
    • HVAC Systems: PTAC HVAC install in all units
    • Utilities: Separate electric meters for each unit, enhancing tenant responsibility and reducing owner expenses.
    • Water Management: Master water paid by the seller with a RUBS (Ratio Utility Billing System) in place for most tenants, optimizing cost distribution.
    Structural Enhancements:
    • New Roof
    • Sewer Line Repair
    • Vapor Barrier installation
    • Building Supports
    • Exterior Lights
    • Electrical Panels
    • Water Heater Replacements
    • LVL Supports
    • Plumbing Repairs & Updates
    Convenience Features:
    • In Unit Laundry: All Units are equipped with in-unit laundry hook ups.
    • Location: Minutes from Downtown Nashville and TSU
    Details

  • Shelbyville SFR Portfolio

    Status

    Active
    Address

    Shelbyville, TN
    Number of Units

    Property Type

    ,

    Listing Agent

    ,

    County

    1. Browse the Available Properties

    Browse the properties on this page, and write down each address. As properties are sold they will be no longer active.

    2. Review Comps

    To make it easier for you we’ve created a comp report going back to October of 2023. Click here to view Report

    3. Submit an Offer

    Once you’ve done your research on a bundle of properties, contact us and we’ll submit your offer.   NOTE: Interested parties must register an account prior to viewing the properties. The good news is that we will not sell or release your data to any 3rd parties, spam artists or mean people. By registering an account you agree to our Privacy Policy and our Confidentiality Agreement.  

    Are you Ready to submit an offer?

    If you are ready to submit an offer or have more questions about this portfolio feel free to reach out to Kristina or Landon using the "Request More Information" Button below.
    Details

  • The Landings at Red Rock

    $4,300,000
    Status

    Active
    Address

    407 North College St. Tullahoma, TN
    Number of Units

    Property Type

    Sqft

    Listing Agent

    Agent Email

    landon@ria-inc.com
    County

    The Landings at Red Rock, situated in Tullahoma, Tennessee, is a multifamily property with turnkey benefits and a simple value add opportunity. It comprises 40 units, consisting of 32 one-bedroom and 8 two-bedroom apartments, and offers a patio and grilling area for its residents.

    The property was first renovated in 2020, however, since 2020 the current owner has upgraded the finishes and appliances in 39 of 40 units, replaced all three roofs with new rubber membrane, and installed 40 new HVAC systems. These significant investments will help reduce expenses for the new owner.

    Strategically located near Arnold Air Force Base, the property benefits from a stable tenant base. Tullahoma offers excellent public schools and diverse employment opportunities in engineering and healthcare, contributing to consistent tenant demand.

    The Landings at Red Rock presents an attractive investment opportunity with its strategic location and potential for value-add enhancements.

    Property Overview:

    • Painted Brick Exterior
    • 2 Stories
    • Flat Rubber Membrane Roof
    • Central Heat and Air
    • Individual Electric Meters
    • RUBS for Water

    Convenience Features:

    • In Unit Laundry: Currently available in only 2 units
    • Location: Minutes from Downtown Tullahoma

    Investment Highlights

    • Fully Renovated Property: The Landings at Red Rock was first renovated in 2020, with additional unit updates and HVAC replacements taking place in the last 3 years.
    • Value-Add Opportunities: Adding storage and a laundry room will enhance tenant satisfaction, allow you to increase rents and generate additional income.
    • Unit Mix: The property offers 32 one-bedroom and 8 two-bedroom units, catering to various tenant needs.
    • Prime Location: Situated in Tullahoma, the property benefits from proximity to Arnold Air Force Base, excellent schools, and easy access to Chattanooga and Murfreesboro.
    • Stable Employment Base: The presence of the Air Force base, local hospitals, and engineering jobs ensures a consistent demand for rental units.
    • Ratio Utility Billing System: RUBS have been fully implemented with current tenant base.
    Details

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