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156 Silver St
Tullahoma, TN 37388

$2,550,000 USD

Apartments For Sale  •  18,480 SF

Property Details

  • Property Type Apartments
  • Total Building Size 18,480 SF
  • Lot Size 1.16 AC
  • Building Class B
  • Year Built 2018
  • Zoning MF2
20 Walk Score

Highlights

Sixteen spacious townhome units offering 2-bed / 2.5-bath layouts with approximately 1,155 SF of functional floor plans & consistent tenant appeal.
Assumable fixed-rate financing, featuring a $1.33M Fannie Mae loan at 4.28% fixed through March 2033, supporting a favorable debt structure.
High occupancy and stable rent roll, currently 94% leased, with 15 of 16 units occupied, reflecting consistent tenant demand and retention.
Interior finishes include granite countertops, stainless steel appliances, LVP flooring, carpeted second levels, and in-unit washer and dryers.
Shingle roofs and package HVAC units installed in 2018 remain in excellent condition, reflecting proactive maintenance and ongoing ownership care.
Supported by diverse employment drivers, including aerospace, defense, manufacturing, healthcare, and financial services in the Tullahoma area.

Property Flyers

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Tenant Controlled HVAC
  • Washer/Dryer Hookup
  • Pet Play Area
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Pet Care
  • Walk-Up
  • Smoke Detector

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 28
Type: Surface
Included in Rent: Yes
Landon Hoffman 629-217-0073 Residential Investment Advisors
Landon Hoffman 629-217-0073 Residential Investment Advisors