815-291-9250
130 Jack Miller Blvd, Clarksville, TN for Sale
Apartments - FOR SALE
1/48
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130 Jack Miller Blvd
Clarksville, TN 37042


HIGHLIGHTS

  • CONTINUATION OF CURRENT VALUE-ADD PROGRAM
  • ORGANIC RENT GROWTH OPPORTUNITY
  • NASHVILLE COMMUTER TOWN BECOMES FASTEST GROWING MARKET IN TENNESSEE
  • STRATEGIC LOCATION NEAR KEY ECONOMIC AND LIFESTYLE DRIVERS

OVERVIEW

Northmarq is pleased to present The Valere Apartments, a rare opportunity to acquire a well-maintained, 1970s-vintage asset with immediate upside through a continuation of the current value-add program targeting unit interiors and amenities. With a desirable 50/50-unit mix of 1 & 2BR units featuring oversized two-bedroom floor plans, the property is uniquely positioned to compete with newer assets at a significantly lower basis. Located in Clarksville, Tennessee—one of the fastest-growing cities in the state—the property benefits from strong multifamily fundamentals, including robust population growth, rising household incomes, limited new supply, and a predominantly renter-based demographic. Its strategic location near Fort Campbell, Austin Peay State University, and the Fort Campbell Blvd retail corridor further drives demand, offering stable occupancy and long-term growth potential for new ownership.

FOR SALE DETAILS

PRICE

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# OF UNITS

48

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Valere Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1975

PARKING SPACES

55

LAND DETAILS

LAND ACRES

2.36 AC

LAND SF

102,802 SF

ZONING

C-3

APN/PARCEL ID

019-035.00

ASK ABOUT THIS PROPERTY

Jordan ArandNorthmarqMore Info
815-291-9250

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Jordan ArandNorthmarqMore Info
815-291-9250

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.