$3,950,000
Exceptional opportunity to acquire a 45-unit multifamily investment property in the rapidly growing Clarksville market, just minutes from Fort Campbell, Austin Peay State University, shopping, dining, and major commuter routes. Situated on approximately 2.6 acres, this diverse multifamily asset offers an attractive mix of unit types including 23 studio units, 7 one-bedroom/one bathroom units, 3 two-bedroom/one full bathroom/one half bathroom townhome-style units, 10 two-bedroom/two bathroom units and 2 spacious three-bedroom/two full bathroom/one half bathroom units. Unit sizes range from approximately 298 square feet to nearly 1,600 square feet, allowing the property to appeal to a wide variety of tenants and rental price points.
The property consists of multiple residential-style buildings constructed between 1988 and 2013 and features a combination of apartment and townhome-style living. Community amenities and property features include patios, decks, ample parking, public utilities, and a well-positioned location within an established multifamily corridor.
With more than 32,000 square feet of improvements and R-4 multifamily zoning, this property presents a compelling investment opportunity for buyers seeking scale, strong rental demand, and long-term upside in one of Middle Tennessee’s fastest-growing rental markets. Convenient access to Fort Campbell and major employment corridors continues to support consistent occupancy and tenant demand in the area. Additionally, the site offers future value-add potential through community-oriented improvements such as dog parks, playground areas, outdoor gathering spaces, picnic or grilling areas, and a community pavilion concept designed to further enhance tenant experience and long-term asset value. PLEASE DO NOT DISTURB TENANTS. Co-listed with Pat Cosgrove of Marcus & Millichap.
3205945
MLS
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ACTIVE UNDER CONTRACT
Status
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37042
Zip Code
162 Condor Ct, Clarksville
