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25490606
25490614

470 Martha Ln, Clarksville, TN 37043

SH
TN 338748, KY 244291
Unique Real Estate
Listed by Unique Real Estate
$950,000
308 days on market
Updated 10 days ago

470 Martha Lane

Details
APN 080F G 00500 000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,400
Units 8
Cap Rate 7.00%
Occupancy 80%
Price per SqFt $148
Broker Co-Op Yes
Year Built 1997
Year Renovated 2024
Buildings 2
Stories 2
Lot Size (SqFt) 3,038
Zoning R-4
Parking Spaces spaces
Investment Type Stabilized

Multifamily | 8 Units | $118,750/unit

Marketing description

Exceptional Value Add Investment Opportunity! This property features two full-brick buildings, each offering 4 single-level units for a total of 8 income-producing rentals. Most units have been thoughtfully renovated with premium vinyl flooring, updated appliances, modern lighting, and fresh paint. Seven of the eight HVAC systems have been recently replaced, minimizing future maintenance costs. Nestled in a quiet, tree-lined setting yet conveniently located near shopping and dining, this location offers the ideal blend of privacy and accessibility for tenants. Current rents are below market, presenting immediate upside potential for increased rental income.

Investment highlights

6 of 8 units renovated.

7 of 8 units New HVAC.

Below Market Rents/opportunity for increased revenue.

Located close to retail/restaurants.

Listing Contacts

SH
TN 338748, KY 244291
Unique Real Estate
Listed by Unique Real Estate

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Additional Information

Name
Shannon Heim
License
338748
Brokerage
Unique Real Estate
Brokerage Phone
931-933-7965
Title
Real Estate Broker
Brokerage Address
1811 Business Park Dr
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