Multifamily property in Clarksville, TN | $12,000,000, $6667 / sq ft

1219S Snowball Lane

Clarksville, TN 37042

$12,000,000

Area 1,800 sq ft
Bedrooms 6
Bathrooms 5
Stories: 2.00

Description

Here is the opportunity to own a portfolio of 34 Single Family Residences in one of the fastest growing regions in Tennessee. These properties have been professionally managed and well maintained. The owner took pride in providing quality housing to the demanding short term rental audience and long- term tenants as well. This entire portfolio is within a 20 min radius. The Clarksville community boast a robust economic climate with a strong community feel and highly rated school system. All homes are in close proximity to the second largest US Military base known as Ft Campbell. This base employs more than 30, 000 active duty military personnel, not to mention the 70, 000+ retired veterans who have remained in the area. Currently, there are fifteen( 15) properties operating with long term tenants in place, generating gross rents of $ 25, 000 per month. There are nineteen ( 19) short term rentals, generating approximately $ 800, 000 per year. All homes are in excellent condition.

Details

MLS#: 2620939
County: Montgomery County, TN
Subd: Franklin Meadows
Stories: 2.00
Full Baths: 5
Bedrooms: 6
Built: 2014 / EXIST

Utilities

Water: Public
Sewer: Public Sewer
Cooling: Central Air
Heating: Central

Public Schools

Elementary: Barkers Mill Elementary
Middle/Junior: West Creek Middle
High: West Creek High

Property Information

Constr: Other
Floors: Carpet, Other
Garage: 2 spaces / detached
Parking: 2 / Unassigned
Sale Includes: Appliances
Taxes: $1,244

Directions

Take Screaming Eagle Blvd and Tiny Town Rd to Franklin Meadows Way in Clarksville. Use the left 2 lanes to turn left onto Tiny Town Rd.Take Allmon Dr to Snowball Ln Turn right onto Franklin Meadows Way Turn right at the 1st cross street onto Allmond Dr

Listing Agency

SVN Accel Commercial Real Estate
Agent: Lisa Carter