Price Upon Req.250,160 SF
Property showings will be offered on Tuesday, April 19th and Thursday, April 28th between 10:00 AM to 1:00 PM local time or upon request. Please contact the listing broker to RSVP.This offering is a fee simple interest in Independence Place Apartments, a unique value-add opportunity located in Clarksville, TN. Built in 2009, the Property is a well-positioned Class A apartment complex that consists of fourteen, 3-story buildings comprised of 228-units (628 beds) plus a leasing office/clubhouse. Independence Place Apartments provides a desirable unit mix to tenants that includes 1BR/1BA, 2BR/2BA, 3BR/4BA, and 4BR/4BA and is located approximately 60 miles northwest of Nashville, 10 miles northwest of downtown Clarksville, and a few miles south of the well-known Fort Campbell. The Property is actively involved with Fort Campbell, frequently receiving soldiers from Fort Campbell's housing referral program that rent either by the unit or by the bed. Additionally, when the Seller received access to the Property in June of 2014, they immediately started converting twenty (20) of the 4BR/4BA units into 3BR/4BA units.
Price Upon Req.48,800 SF
Property tours are available by appointment on Thursday 4/21 & 4/28 from 10a-2p. Please contact Tiffany Foxx to schedule at 786-871-3847 or email@example.com.Ten-X and Carpenter Real Estate present the opportunity to acquire Pinecreek Apartments and Duplexes located in Union City, TN. Pinecreek Apartments and Duplexes consists of 64 total rentable units in 14 total buildings and a small building operating as a rental office/laundry room. Of the 64 total units, 48 units are located within six two-story buildings known as Pinecreek Apartments and 16 units are located within eight duplex buildings located down the street from the apartment complex. The 48 units totaling 36,000 SF within Pinecreek Apartments are each 750 SF and 82.25% occupied with 6 vacant units available for lease-up. Forty-seven (47) of the forty-eight (48) apartment units are 2 Bedroom/1 Bathroom layouts and one (1) unit is a 3 Bedroom/1 Bathroom layout (Unit #5). The 16 units totaling 12,800 SF within the nearby Duplexes are each 800 SF and are currently 87.25% occupied with only 3 vacant units available for lease-up. All of the duplex units are 2 Bedroom/1 Bathroom layouts.
Six Investment Units located in Copperfield Terrace Condominiums. Upside investment by increasing rent to estimated market or by converting some or all units to AirBNB.
Marcus & Millichap is pleased to offer the following garden-style apartments (student housing) located in Murfreesboro, Tennessee. The property is made-up of three brick buildings housing a total of 16 units and 48 beds. Each unit contains three bedrooms, three baths, walk-in closets, balconies and full sized appliances - including washer and dryer. The property is currently managed by the owner/developer with a non-dedicated staff. This multifamily investment property offers an excellent opportunity to break into a student housing market that has seen consistent growth in both student population as well as first year retention. The current occupancy is sightly below average and expenses are sightly above average due to lack of dedicated management and oversight. The tenant demographic consists mainly of students attending MTSU as it is just down the street from the campus, however Murfreesboro's growing population offers an additional pipeline of potential residents. By strategically increasing management oversight as well as proper vetting of tenants, an investor can expect to boost NOI to match the market.
Renovated Duplex (2004), New Kitchen, Refinished Hardwood Floors, New HVAC, New Electrical Wiring, Separate Utilities for Each Unit. Easily Converted to Single Family Residence or Leave Existing Tenant to help offset Mortgage Payment. Unit #1 Downstairs: 1 Bedroom, 1 Bath (1008 Sq Ft) Formal Living & Dining Room, Kitchen with all appliances & New Cabinets, Built In BookShelves, Full Basement Unit #2 Upstairs: 2 Bedroom, 1 Bath (956 Sq Ft) Huge Bedrooms with Walk In Closets, Large Living Room & Dining Room, New Kitchen with Appliances and Stacked Washer/Dryer.
Good, solid submarket of Nashville. Individually metered electric, water, and gas. tðAll townhomes have washer dryer connections. tðEach unit 865 square feet. tðThe property was built as condos with separate deeds. tð Terrific Value Add for future exit strategy
Investor Special. 3 Bedroom 1 Bath Fixer Upper Home. Sold in "as-is" condition. Call for more details.
Investor Special. 3 Bedroom 2 Bath Fixer Upper Home. Sold in "as-is" condition. Call for more details.
Investor Special. 3 Bedroom 3 Bath Fixer Upper Home. Sold in "as-is" condition. Call for more details.