landon.

  • Sale!

    Britton Springs Townhomes

    Original price was: $1,900,000.Current price is: $1,860,000.
    Status

    Sold
    Year Built

    Address

    509-511 Britton Springs Road, Clarksville TN
    Number of Units

    Property Type

    Sqft

    Listing Agent

    Agent Phone Number

    (615) 281-9395
    Agent Email

    landon@ria-inc.com
    County

    Brand new construction and fully leased — Britton Springs Townhomes is a 13-unit multifamily investment opportunity across two adjacent parcels in Clarksville, TN. Built in 2023/2024, this turnkey asset features thirteen 2-bedroom, 1.5-bath townhome-style units with in-unit laundry, assigned parking (2 spaces per unit), and modern finishes throughout.

    Each unit is currently leased at $1,150/month. All utilities are tenant-paid, with the owner covering one additional water meter used for maintenance purposes.

    With new roofs, HVAC systems, and interiors, investors will benefit from minimal ongoing capital expenditures.

    Located in a strong Clarksville submarket with access to major employment drivers, Britton Springs Townhomes is a clean, low-maintenance asset ideal for both new and seasoned investors.

    Details

  • Lenox Townhomes

    $2,600,000
    Status

    Active
    Address

    156 Silver Street, Tullahoma TN 37388
    Number of Units

    Property Type

    Sqft

    Listing Agent

    County

    Discover Lenox Townhomes – A Class A Investment Opportunity in Tullahoma

    Lenox Townhomes presents the opportunity to acquire a newer-construction, 16-unit townhome community in the growing Tullahoma market. Located at 156 Silver Street, this well-built 2018 asset offers modern design, strong in-place tenancy, and durable construction—positioning it as a high-quality addition to any multifamily portfolio.

    Each residence features a spacious 2-bedroom, 2.5-bath townhome layout totaling approximately 1,155 square feet. Interior finishes include granite countertops, stainless steel appliances, LVP flooring on the main level, carpet upstairs, and in-unit washers and dryers. The property is professionally managed and currently 94% occupied, reflecting consistent demand and a well-qualified tenant base. With tenants paying separately metered electric and water, operations remain streamlined and efficient.

    Major building systems—including shingle roofs and package HVAC units installed in 2018—remain in excellent condition, and recent improvements have been proactive in nature. Additionally, an assumable Fannie Mae loan at a 4.28% fixed rate through March 2033 offers a compelling financing advantage. Supported by Tullahoma’s diverse employment base across aerospace, defense, manufacturing, healthcare, and financial services, Lenox Townhomes stands as a stabilized, Class A asset in a steadily growing market.

    Investment Highlights:

    • Sixteen Townhome-Style Units: All 2 bed / 2.5 bath layouts averaging ~1,155 SF with modern finishes and in-unit laundry.
    • Newer Construction (2018): Two well-maintained buildings on 1.19 acres with strong curb appeal and durable systems.
    • High Occupancy: 15 of 16 units currently leased with a consistent history of strong tenant retention.
    • Tenant-Paid Utilities: Separately metered electric and water, creating operational efficiency.
    • Professional Management: Consistent third-party management and stable operating history.
    • Modern Building Systems: Shingle roofs and package HVAC units (2018) in excellent condition.
    • Strong Submarket Positioning: Among the higher-performing rent properties in Tullahoma, attracting quality tenants.
    • Assumable Fixed-Rate Financing: Approximately $1.33M Fannie Mae loan at 4.28% fixed through March 2033.
    Details

Comprehensive Brokerage Services for the Southeast’s Multi-Family Housing Investment Landscape

Overview

Business Info

405 Two Mile Pike 
Suite B – Office 101
Goodlettsville, TN 37072

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