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33942739
33942908

3 Locations

DL
TN-371021
MRG Realty Partners
Listed by MRG Realty Partners
$1,375,000
2 days on market
Updated 2 days ago

Legacy, HH, Queen Anne's Portfolio

Details
APN 053J A 01000 000
Property Type Multifamily, Mobile Home Park
Units 31
Stories 1
Acreage 109940.000

About This Property

Marketing description

Deal Website:

https://clarksvillewoodlawnmobilehomemultifamilyportfolio.sharplaunch.com/

MRG Realty Partners is pleased to present a stable Clarksville opportunity with owner financing available. This property has earned the loyalty of a long-term resident base, with many tenants calling it home for 5 to 10-plus years, and that loyalty shows in occupancy that has historically run high and remains strong today. almost half of the homes are is newer vintage, adding real, lasting value to the investment.

What makes this opportunity stand out, though, is the market surrounding it. Clarksville continues to draw steady demand as an affordable alternative just outside Nashville, giving this property a built-in tailwind that supports both stability today and growth over time. And there's still room to grow. With opportunity for continued rent increases and property improvements ahead, plus a low and efficient cost structure to operate, this is a property that offers both a strong foundation and a clear path forward.

Legacy Mobile Home Park — 1026 Ross Ln, Clarksville, TN — 15 pads

HH Mobile Home Park — 2811 Woodlawn Road, Woodlawn, TN — 10 pads

Queen Anne's Apartments — 2791 Woodlawn Road, Woodlawn, TN — 6 units

call Drew Lekowski 615-522-3973

Investment highlights

Highlights bullets:

  • Seller financing offered: 25% down, 6% interest-only, 10-year balloon (seller in first position)
  • 94% current occupancy with a long-term resident base (many tenants 5–10+ years) - 95-100% occupancy historically
  • Property currently has a waitlist
  • Roughly 50% of the Legacy Park homes are 2016 vintage or newer — those cost the owner between $40K–$50K
  • Low, efficient expense structure
  • rental upside
  • Two vacant units at Legacy represent an immediate, no-capex lease-up opportunity (~$12K–$13K/year)
  • Full-year 2025 gross collections: ~$186,400 | 2026 (through May - 5 months): ~$72,000

"Clarksville was just named one of the nation's top 'boom towns' in 2026 (SmartAsset), and is now Tennessee's 5th largest city. Growth is being driven by Fort Campbell, the $3.2B LG Chem EV battery plant, and continued industrial investment from Google, Amazon, Hankook Tire, and Bridgestone — all about an hour from Nashville, which is pushing affordable-housing demand outward into this submarket."

Listing Contacts

DL
TN-371021
MRG Realty Partners
Listed by MRG Realty Partners

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Zoning

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AG AgricultureAgricultural District
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Last updated Feb 5, 2026 For deeper zoning details, reports are available at Zoneomics

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