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17222031
17222030

2299 Raleigh Ct, Clarksville, TN 37043

$1,560,000
778 days on market
Updated 15 days ago

Nautilus Landing

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,896
Units 7
Cap Rate 7.69%
NOI $120,000
Occupancy 100%
Price per SqFt $175
Class A
Year Built 2022
Buildings 1
Stories 2
Investment Type Stabilized

Rare Opportunity!!!

Marketing description

Seven newer townhouses, all on the same lot, with no HOA! Six are currently used as long-term rentals, with one as a highly profitable short-term rental. Six units are two bedrooms, two-and-a-half bathrooms, and one unit has three bedrooms, and three bathrooms. Each unit has one dedicated parking spot, with plenty of guest parking. This development is turnkey, with an excellent rental history. Upgraded finishes throughout each unit make these rentals standout in a competitive market. Clarksville, Tennessee is consistently ranked as one of the best places to live, and now is your chance to invest in one of the hottest markets in the Country!

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Loan Amount
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$120,000.00
$10,000.00/mo

Valuation Metrics

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DSCR
7.69%
Cap Rate
7.69%
ROI

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