28,472 SqFt
28,472 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 28,472 sqft
Price per Sqft $230
Subdivision Darnell Estates
MLS Listing ID 3034990
HOA Y/N No
Year Built 1993
Annual Tax Amount $7,152
Property Description
This complex offers investors the opportunity to continue operating as a stabilized, income-producing asset or to explore value-add strategies through updates, amenity enhancements, and rent optimization. The surrounding area has experienced notable population and job growth, contributing to increasing rental demand and limited comparable housing supply. Clarksville has consistently ranked as one of Tennessee's fastest-growing communities, further strengthening long-term appreciation potential. Residents enjoy convenient access to shopping, dining, recreational amenities, and public transportation, supporting high retention rates and solid leasing performance.
P&L statements are available upon request. Property tours may be conducted with an accepted offer. Do not disturb tenants. This is a rare opportunity to acquire a multi-family asset of this size in a high-growth market with proven performance, increasing rental demand, and meaningful upside potential! GROSS INCOME AND EXPENSES REPORTED ARE THROUGH 10/27/025.
Location
State TN
County Montgomery County
Zoning R4
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Laminate, Vinyl
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Shingle
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Liberty Elementary
Middle Schools New Providence Middle
High Schools Northwest High School
Others
Senior Community false
Special Listing Condition Standard
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "